Buncrana Town Council has passed its budget for 2011, with projected expenditure of just under €3.4 million. The commercial rate will be reduced by 2%, after manager John Mc Laughlin initially proposed that the rate be frozen.
As well as the rate reduction, members agreed a number of adjustments in the budget to increase the amount available for development, with a number of projects coming on stream in 2011.
Mayor Cllr Padraig Mac Lochlainn says the council has been progressive in ther way it has supported local iniative, and as a new spirit emerges in the town, the council will be to the forefront in supporting it:
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