The key objectives of Budget for 2020 are to:
- maintain essential and other local authority services,
- continue the programme of supports to our communities,
- support the economic recovery process locally and
- seek continued efficiencies in service provision, cost reduction and value for money.
The Council over the past 5 years has operated in a financial environment where costs are increasing while main income headings are capped. This is financially unsustainable and must be addressed if expectations for increased services, delivery of projects and local economic growth are to be achieved. Against this background, the decision by the majority of Members at the monthly meeting of Tipperary County Council held on the 9th September, 2019 to increase the adjustment factor applied to LPT by plus 10% is welcome.
The Department of Housing, Planning and Local Government confirmed by Circular Letter Fin 08/2019 of the 10th October, 2019 that as Tipperary County Council has notified the Minister of the passing of a resolution to vary the basic rate of LPT upwards by 10% for 2020, the 2020 allocation has been increased to €27,136,959 (an increase of €1,185,357 from the pre-variation allocation of €25,951,602).