During a Council meeting yesterday, 23 September, the local authority moved forward with plans to secure €276 million funding.
The investment will see the focused and targeted delivery of projects right across the County in areas such as tourism development, regeneration and development of town centres, job creation, community development, environment protection and infrastructure development.
The Cathaoirleath of Leitrim County Council Cllr Enda McGloin said: "A programme of this scale, the first such investment plan to be pursued by Leitrim County Council, is about continuing to build the county as a location of choice for new residents, visitors and investors."
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The funding of the proposed investment plan will be drawing on the variety of national funding opportunities through Project Ireland 2040. However, matching funding raised at local level, within the County, is a critical factor in securing the financial allocations and also maintaining the excellent financial position of the Council.
In this context the Council agreed to approve a plus 15% adjustment factor on the local property tax. When making the decision the Council was extremely mindful of the financial impact that this decision would have on households in the County and agreed the increase based on the knowledge that in over 60% of cases the increase will mean only 26 cent extra per week with a further 35% cases only 65cent per week.
(CM/MH)
