Council finances in ‘crisis’

The Donegal County Council’s finances have been described as in crisis
with fears that many major projects in the county will not be
proceeding due to a lack of funds.
Councillors today agreed the council’s Capital Programme for the next
three years, however concern has been expressed that the council is to
add to its current loan commitments and significant overdaraft by
borrowing a further 30 million euro.
A number of key projects across the county have been allocated little
or now funding for the next three years.
Councillor Padraig MacLochlainn says the people of Donegal are now
paying the price for the banking crisis: