Members of Limerick City and County Council approved the local authority budget for 2022, which includes a €5 million increase in spending.
Members gathered at the Millennium Theatre on the The Technological University of the Shannon: Midlands Midwest‘s Moylish campus last Friday.
They agreed on what has been dubbed a “prudent budget for uncertain times” at this meeting.
€378.5 million for capital projects was approved, as well as a special focus on climate action, public space, and sustainable active travel.
There would be no increase in the commercial rate, a property-based levy paid on businesses, which is crucial for Limerick’s struggling business community.
Support for small businesses will be maintained in the New Year, with €3.97 million set out for the Local Enterprise Office.
Members approved €952.23 million in revenue, with €749.23 million going to the Housing Assistance Payment shared service centre, which is managed locally on behalf of Ireland’s 31 local authorities.
Housing maintenance, Traveller and Estate Management will receive €8.5 million, while the Rental Accommodation Scheme and leasing would receive €14.7 million.
Local, regional, primary, and secondary roadways, as well as public lighting, road safety, and traffic management, will get over €50 million.
Councillors have agreed to give the fire department €11.4 million.
A total of €3.8 million has been set aside for street cleaning and unlawful dumping, while €2.6 million will be spent on park maintenance.
Council boss Dr Pat Daly said: “It has been a tough twelve months for everyone particularly our business community who have had to operate within the severe restrictions that we have all learned to live with. After suffering a very sharp fall in activity in 2020, the Limerick economy commenced its recovery in 2021 as we began to open up from Covid-19.”
“The budget proposes no increase in the Annual Rate of Valuation for commercial rate payers. It is proposed to retain the business schemes to support many key sectors in our economy.”
“This budget will help with the Council’s commitment to reduce emissions as part of the government’s plan for climate action. All directorates in the Council will be involved in achieving targets in the Climate Action Plan.”
“Budget 2022 will actively see further engagement with our communities, it will address enhancing quality of life for our citizens while supporting new public realm projects and programmes across the city and county in our libraries, galleries and museums.