Longford County Council is set for a €3-million increase in its budget next year.
This will enable an extra 7 per cent to be spent on housing and building.
Longford County Council had a budget of nearly €40 million for this year but, according to the new draft budget, this is set to rise to nearly €43 million in 2018.
The local authority’s finances have improved significantly since it recorded a deficit of €1.35 million in 2009, with a surplus of at least €143,000 is set to be present by the end of this year.
It says its commercial rates’ yield has improved this year because of increasing business buoyancy.
Housing, building and roads are to receive increased funding of between 6 and 7 per cent in 2018.
The council says the unfinished estates team continues to make excellent progress in resolving issues in private estates, with 92 taken in charge.
Thirty-six remain unfinished, but the local authority says site resolution plans have been agreed and they’ll progress in 2018.
It has issued a warning in relation to the new community library planned for Edgeworthstown, claiming that although €1.25 million has been approved by the department, the overall cost of the project is €3 million.
The council says this shortfall presents ‘a serious challenge’, with a strong case being made to the department for additional funding to enable it to be complete by early 2019.
The local authority is to continue the support for the facilities in the Albert Reynolds Peace Park, including swimming pool, with a provision of €223,000 being made in the budget.
However, it notes this is down on previous years as the facility becomes more self-sufficient.
Councillors are expected to approve the budget at their meeting on Monday, November 27.