4 January 2013 No Comments by The Northern Standard

The need for significant reforms in the manner in which rates on commercial properties are determined was debated by the members of Monaghan Co Council when they convened for their Annual Budget Meeting.
Differing views on how reform might be achieved were discussed, with a proposal by Fianna Fáil councillor P J O’Hanlon that the system of rate assessment be changed from the valuation of property to the valuation of means of income defeated on a 7-8 show of hands vote.
A Budget which provides for gross revenue expenditure of €56,385,756 was adopted on the proposal of Fine Gael’s David Maxwell, seconded by his party colleague Owen Bannigan. A rate on valuation of €56.20, the same as pertained in 2012, was adopted on Colr Bannigan’s proposal, Matt Carthy (Sinn Féin) seconding.
At the meeting’s outset, Co Mayor Hugh McElvaney thanked the members who had attended the various Budget Committee meetings and Head of Finance John Murray and the various Directors of Services of the Council for their input into the budgetary process.
Mayor McElvaney said the Budget for 2013 was almost a replica of last year’s Budget – everything the members had asked to be financed was being financed, and there was something of a bonus in that the Dept of the Environment was being very generous to Monaghan Co Council on this occasion in terms of funding.
Head of Finance John Murray said that …

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