Waterford County Board set to wipe out debt in two years

Outgoing Waterford secretary Timmy O’Keeffe claims that the county board will be debt free within two years in his report to annual convention.

Boosted by a €250,000 cash injection from the Munster Council back in March, the Déise recorded a surplus in their accounts for the second year running and reduced their overall debt to €130,000.

“I am pleased to report that the finances of the board are in a reasonably healthy state in 2015. The accounts show a small surplus of approximately €6,000 for the year as compared to €12,000 in 2014. Full credit must go to the county treasurer and Liam Cheasty in ensuring that our finances are kept under tight control.