THE COST OF COVID-19 – COUNTY COUNCIL COULD BE FACING €4 MILLION DEFICIT FOR 2020

19 June 2020 No Comments by The Northern Standard

Something of the long-term economic consequences for Co Monaghan of the Covid- 19 restrictions was discernible at Monday’s meeting of Monaghan Co Council – the first held since the introduction of social distancing and other measures to curb the spread of the Coronavirus. In a briefing to the Council members on the local authority’s financial situation, Head of Finance John Murray warned that reduced income from rates, rents and pay parking could result in a shortfall in the 2020 Budget of around €4 million in a “worst case” scenario.

A motion from the Sinn Féin Council grouping seeking to address the anticipated significant shortfall won unanimous support. This called for an urgent meeting with the Taoiseach and relevant Government Ministers “to seek compensation, so that we can continue to deliver services to the people of the county.” During the discussion, reopening businesses were encouraged to avail of the Restart Fund grant scheme being administered by the Co Council and though which aid of between €2,000-€10,000 is available for eligible small…

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