Big news dey come from Derry as Stormont Executive don announce plan to take over de funding of City of Derry Airport starting from April 2025. Dis information come from de economy minister, Conor Murphy, who reveal dis plan during a recent inquiry.
Currently, de airport dey under de ownership of Derry City and Strabane District Council (DCSDC), and dem dey bear de burden of £3.45 million in operational costs every year. De council don express worries about de future funding arrangements before now.
Murphy clarify say his department go assume de responsibility for de funding from 1 April 2025. Dis move go help reduce de financial burden on de ratepayers in de area.
De local councils usually finalize their rate bills each February, and dis bills contribute to funding public services based on property valuations. So, de minister’s announcement dey come at a time when de councils dey prepare for de next financial year.
