This article is from page 23 of the 2008-10-14 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 23 JPG
FUNDS from development contribu- tions are down by almost 90 per cent since 2006 and the drop will mean serious deficits for the local author- ity next year, a county councillor has warned.
Cur Martin Conway (FG) had asked for details about how much the council had collected in development funding this year to date.
He was told that in 2006, develop- ers paid out €12,012,654.90, while 2007 saw €11,300,295.95 come into council coffers in the fund.
But to date this year, moneys which are used to fund roads and services amount to just €1,164,509.92 and €1.5 million is the figure expected as the final one for 2008.
“This 1s a every serious situation and the council is likely to go into overdraft because of it,’ Cllr Con- way said.
‘This will mean cut-backs which I would totally oppose. Instead we are gong to have to look at efficiencies and maybe bonuses for senior man- agement and directors of services’, said Cllr Conway, who is a member of the Council’s Audit committee.