Cork County Council passes record €538m budget with 7.25% rates increase

The agreement includes additional funding for eight municipal districts and targeted waiver supports for struggling small businesses

The council’s executive had sought an 8% increase to cover a €12m gap between income and expenditure. File picture: Dan Linehan

Cork County Council has passed a record €538m budget for next year, at the second attempt, following a meeting marked by several adjournments and intense negotiations that ultimately resulted in a 7.25% increase in commercial rates.

The council’s executive had sought an 8% increase to cover a €12m gap between income and expenditure.