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Mayo County Council will pay out over €10 million in loan charges next year, the elected members of the council were told this week. Head of finance for the council, Peter Duggan, outlined the charges at Monday’s reconvened budget meeting of the council. He told the meeting: “This current budget has the provision of €10.5 million in loan charges, of those €4.3 million are recovered directly from third parties, the majority of them being Irish Water for the cost of providing the capital costs of the water sewerage services, and also there are recoupments direct from the Department of Environment, particularly in relation to our housing borrowings, they are recovered directly from the department.”