Commercial rates will increase by 7 per cent in Longford next year if the council's proposals get the go-ahead next week.
But the full rise will not apply to most businesses.
Next Monday, Longford County Council will sign off on a budget of over €80 million for 2026 - an increase of over 4 million on this year.
The local authority wants to increase rates by 7 per cent, but the full increase wouldn't apply to 86 per cent of ratepayers, because of the Small Business Support Scheme.
Councillors will have the final say on the proposed change in rates.
The council says several 'acute financial matters' have affected them this year, including the loss of rates income due to the closure of Lough Ree Power Station in Lanesboro.
This was the council's biggest ratepayer, with an annual bill of over €1.2 million - which accounted for nearly 12 per cent of the total rates base for Longford.
The council says it's concerned about the 'global uncertainties' that lie ahead next year, including US tariffs, and the climate, migrant, and cost-of-living crises.
