Councillors voted 17-15 in favor of the proposals which will see an increase commercial rates by 5% while also increasing the small business grant to such an extent that there will effective rebate.
The proposal also means that any cuts from services will now be avoided.
It follows a second day of extensive discussions and numerous adjournments.
Sinn Fein Whip Cllr. Marie Therese Gallagher says it’s important now that the Council fight to get more money from Government:
Meanwhile, Fianna Fáil Councillor Ciaran Brogan gave his reaction to the vote: