Laois County Council publishes budgets each year outlining its priorities and commitments for each service area for the year ahead. The Budget also determines the Annual Rate of Valuation (ARV) for commercial rates within the County
How is the Budget Adopted?
The draft Annual Budget is presented to the Elected Members of the Council between 1st November & 8th December for the following financial year ending 31st December.
The Chief Executive's Report is presented with the statutory budget report providing further detail on expenditure/income by division.
At the Budget Meeting, the Council is asked to consider the draft Annual Budget and to make the following decisions:
- adopt the Annual Budget with or without amendment;
- adopt the Annual Rate on Valuation (ARV);
- determine the proportion of rates refunds applicable on vacant commercial premises.
This draft Annual Budget is prepared in the prescribed format and in compliance with the provisions of the Local Government Act, 2001, Local Government Reform Act, 2014 and Regulations made under that legislation. The Budget is constructed on the principle of a “balanced budget” based on the overall level of resources available to the Council and the requirement to meet statutory, contractual, legal and other obligations. It sets out the expenditure necessary to carry out the functions of the Council and the income estimated to accrue to the Council.