Councillors fear interim budget over income fall

Dramatic falls in income from pay parking and commercial water rates in Cork City have sparked fears the council is facing a mini-budget.

Several city councillors expressed concern at this week’s meeting that more services will be cut if income streams continue to fall.

Officials disclosed pay parking income for the first quarter was down €350,000. If the trend continues, the shortfall for the year could be up to €700,000.