Cork City Council increases budget for 2026 to €362.2m

Councillors also agreed a 5% increase in commercial rates — but will reintroduce rebates of up to 4% for qualifying ratepayers

On Wednesday, Cork City councillors voted in favour of an expenditure budget of €362.2m for 2026, a near €36m increase on this year's budget. Stock picture

Cork City councillors have voted in favour of an expenditure budget of €362.2m for 2026, a near €36m increase on this year's budget.

At its annual budget meeting on Wednesday evening, the council also approved a 5% increase in commercial rates, and agreed to reintroduce a rates incentive scheme offering a rebate of up to 4% to qualifying rate payers.