Cash-strapped council forced to write off €3m in unpaid rates

A CASH-STRAPPED local authority has had to write off almost €3 million in unpaid rates.

Cork City Council has also ruled out introducing a 12-month rates payment break for under-pressure businesses.

Income from rates is one of the council’s most important sources of income. It will account for e61.5m, or 31% of its total projected income for 2009.