Councils to lose funding over taxi regulator

LOCAL authorities are to lose another source of revenue with the appointment of a national taxi regulator next year.

The regulator who will head the Commission for Taxi Regulation will use income from the annual renewals of taxi licences to fund the office under plans being prepared by Transport Minister Seamus Brennan.

Although the loss of the €125 annual licence fee may not impact significantly on councils in rural areas, the issue is set to cost local authorities in Dublin over €1.25 million every year.