Mr. Lydon outlined the over and under expenditure for the year in the expenditure divisions and highlighted the following:

Housing: Increase in costs for the RAS and Leasing Programme, creation of a €300k provision for housing voids programme and an increase in expenditure in housing grants

Roads Transportation and Safety: Increase in expenditure in public lighting and increased spend in regional and local roads resulting in net overspend of €355k

Development Management: Net overspend due to increased planning costs, increase in expenditure on the SICAP Programme, and increased expenditure in Community and Enterprise

Environmental Service; There was a surplus of €33.9k recorded due to additional income from landfill aftercare costs and civil defence operational costs. This additional income was offset against the purchase of new fire engine

Recreation and Amenity: the net position was a deficit of €590k due to running of leisure centre, expenditure on the Creative Ireland Programme and the €500k towards construction of the Arts Centre.

Miscellaneous Services: the overall net position was a surplus of €1.45m due to additional income from NPPR and the Lansdowne Road Agreement. Provision was also made for election costs and future rates adjudication by the Valuation Tribunal.

Overall a surplus of €6,465 was delivered for the financial year.

On the PROPOSAL of Councillor Ward

                SECONDED by Councillor Kilduff

It was AGREED to approve the transfers between capital and revenue accounts in the sum of €3,112,252 for 2018.

Members thanked the Director for the prudent management of resources and the ability to stretch resources to help fund improvement works in the county.