Adopted Budget 2009
Adopted Budget 2009
Overview
The total expenditure in the draft 2009 Budget amounts to €76.2 million, a decrease of €0.9 million on the adopted 2008 Budget.
The 2009 Local Government Fund allocation of €20,685,770 is a reduction of €1,213,204 (5.6%) on the 2008 allocation of €21,898,974.
It has been the clear expressed view of the members that having regard to the difficult economic climate, and the difficulties faced by businesses generally, that there should not be a rates increase. It has proved possible to accommodate the member's views, balanced with the need to deliver services with some changes, and to prepare a balanced budget. Accordingly, no rates increase is proposed for 2009.
The main factors influencing the 2009 budget are:
1. The €1.2m (5.6%) decrease in funding from the Local Government Fund.
2. Increased costs of energy (20% increase September 2008), and general inflation of 4%.
3. Increased costs of water and waste water services, including a contribution of €300,000 towards the operational costs associated with the new Waterford City Waste Water Treatment Plant. This contribution will fund that element of the Plant's capacity servicing the Waterford City Environs area in South Kilkenny.
4. The need to implement EU and national policy on water pricing.
5. The need to re-balance services having regard to changes in population, availability of financing, a changed construction environment, etc.
Download Adopted Budget 2009 (200 KB .pdf)
