Expenditure down almost €4 million
MARIE LEYDON, Head of Finance, told members of Sligo Borough Council that the 2013 Budget for Expenditure is €15.9 million.
This is a reduction on last year's Budget of €3.9 million.
Ms. Leydon told members: "With the reduction in other income, we have no option but to cut expenditure particularly in discretionary areas.
"This cut has amounted to 52% on Tourism Promotion to €17,500, Urban and Village Renewal Matching Funds of €20,000, 13% on Voluntary Contributions to Communities and 11.5% to Art bodies of €195,000."