DEVELOPMENT LEVIES RAISED BY GALWAY COUNTY COUNCIL

Date Published: 24-Sep-2008

Galway County Council has increased it's Development Contribution Levy for new houses and buildings.At a meeting of the Council this week, a majority voted to raise the levy and include a roads and transportation contribution.Mayor of County Galway, Peter Feeney says the increased levies will generate extra revenue for the Council, placing it in a better position to apply for funding for infrastructure from Government Departments.Mayor Feeney says development contributions in Galway will be raised by about 30 percentHowever the increase has not been welcomed by all county councillors.Councillor and developer Tom McHugh says it's a tax which will hit first time buyers and young homeowners the hardest