It is going to cost €203.7 million to run the local authority County Louth next year, a 10.7% increase on the current budget.
The 2026 Budget was passed by members of Louth County Council at a meeting on November 17 last.
The additional expenditure will support grant-funded areas such as housing, restoration of buildings and the fire service.
The increase in income will be driven by government grants, additional rates income from new valuations, and a 2% increase in the Annual Rate on Valuation (ARV), which is the multiplier used to calculate commercial rates each year. This adjustment will help partially fund the proposed budget.
Members also approved a new scheme aimed at revitalising vacant commercial properties.
The Rates Waiver Scheme will offer eligible businesses a full rates waiver in the first year, followed by a gradual increase in liability over the next three years.
In addition, the previous 50% rates abatement for vacant properties will be reduced to 0% from January 2026, encouraging property owners to bring units back into use.
The chairman of Louth County Council, Cllr Sean Kelly welcomed the adoption of the budget. He said: This budget reflects our commitment to investing in essential services and supporting economic growth across Louth. The measures agreed today will help strengthen our communities and create opportunities for businesses to thrive.”
David Conway, Chief Executive of Louth County Council also stated: “I thank the councillors for passing the council budget for 2026. The increased budget allows us to deliver on key priorities and projects for the people of Louth, particularly in housing, capital projects and emergency services. The new Rates Waiver Scheme, coupled with other supports like the Living City Initiative and the vacant property refurbishment grant, is a proactive step.”
