€2.5m Funding Intervention At Moneypoint Welcomed As ‘Positive Intervention’

© Pat Flynn

Clare’s Fine Gael TD has welcomed a 2.5 million euro finding announcement for Clare County Council as a positive intervention by Government.

The local authority was facing a shortfall in rates revenue of almost three million euro as a result of a revaluation of Moneypoint Power Station, a shortfall which could have forced it to cut services.

Now, however, the Minister for Local Government and Planning has confirmed that a significant portion of the losses will be offset by central government.

CONTINUE READING BELOW

Deputy Joe Carey, who’s among a number of local politicians who made representations on the matter, has been telling Clare FM’s Fiona Cahill that it’s a welcome announcement.