Longford County Council has revealed plans to spend up to €130 million euro on various projects in the county in the next three years.
The details were revealed at the March meeting of the local authority by Head of Finance John McKeon who issued a significant 'health warning' in relation to the figures.
The Capital Budget 2022 to 2024 from the local authority again shows housing and building projects will be afforded the biggest priority in terms of cash investment by the Council in the coming years.
At the end of 2021, there was a balance in the capital expenditure account of over €13million euro - with the Council receiving funding of €36million to cover the cost of projects.
For the period 2022 to 2024, the Council estimates it will spend a total of €78.9 million on housing and building, including €22million alone this year and a total of €66m on social housing duing the three years.
The second-largest outlay will be on economic development including Community and Enterprise, HR, libraries, culture and heritage coming in at a total of €37million which includes major urban regeneration projects.
Spending totalling over eleven million euro will be directed at road transport and safety with half a million euro set aside for Just transition projects during the three years.
However, Head of Finance John McKeon admitted that all capital plans are "aspirational" in nature and suggested that several key issues could affect spending and income streams - including the post-Covid economy, rising cost of inflation for fuel and labour costs as well as the geopolitical and macroeconomic challenges and changes.]
