Cork City Council avoids threatened 2.5% rates hike

There will be no increase in parking charges, and all sports, community, and arts grants have been maintained

The savings were found by members of Cork City Council’s finance and estimates committee working with city officials ahead of Wednesday's deferred budget 2025 meeting. Picture: Dan Linehan

A 2.5% commercial rates increase has been avoided in Cork City thanks to a last-minute savings deal.

The savings were found by members of the city’s finance and estimates committee working with city officials on Tuesday, and presented to the 2025 budget meeting on Wednesday night.