Menu
05/09/2014
Wealthier Local Areas To Top-Up Lower Tax Bases
80% of of Local Property Tax is to be kept by councils to fund public services, with 20% being re-distributed to top up funding to those areas with lower tax bases, under new rules announced by the Department of the Environment for 2015.
The government has said that no local authority will receive less income from LPT in 2015 than they received from the Local Government Fund in 2014.
The rules state that local authorities that stand to receive more income in 2015 from LPT than they received from the Local Government Fund in 2014 will be entitled to use a certain portion of the funding for their own purposes.
Local authority elected members have been given the power to decide whether or not to increase or decrease LPT rates by up to 15% for 2015.
Environment and Local Government Minister Alan Kelly said: "These measures will provide certainty and balance to the finances of local Government and give Councillors a greater say in how their authorities are funded, ensuring 80% of LPT is spent locally. All local authorities will be funded to their 2014 levels.
"The Government has today provided certainty in relation to top-ups for those local authorities with lower property tax bases. Nineteen local authorities will benefit from top-ups from the equalisation fund. These measures are necessary to create a balanced system of funding across local authorities."
(IT/JP)
The government has said that no local authority will receive less income from LPT in 2015 than they received from the Local Government Fund in 2014.
The rules state that local authorities that stand to receive more income in 2015 from LPT than they received from the Local Government Fund in 2014 will be entitled to use a certain portion of the funding for their own purposes.
Local authority elected members have been given the power to decide whether or not to increase or decrease LPT rates by up to 15% for 2015.
Environment and Local Government Minister Alan Kelly said: "These measures will provide certainty and balance to the finances of local Government and give Councillors a greater say in how their authorities are funded, ensuring 80% of LPT is spent locally. All local authorities will be funded to their 2014 levels.
"The Government has today provided certainty in relation to top-ups for those local authorities with lower property tax bases. Nineteen local authorities will benefit from top-ups from the equalisation fund. These measures are necessary to create a balanced system of funding across local authorities."
(IT/JP)
Related Irish News Stories
Click here for the latest headlines.
10 March 2014
€15m Fund Announced For Vacant Homes
A €15m fund to bring vacant local authority houses back into use has been launched by Minister for Housing and Planning, Jan O'Sullivan, TD. Local authorities have been asked to submit their proposals for funding under the scheme by 28th March next.
€15m Fund Announced For Vacant Homes
A €15m fund to bring vacant local authority houses back into use has been launched by Minister for Housing and Planning, Jan O'Sullivan, TD. Local authorities have been asked to submit their proposals for funding under the scheme by 28th March next.
31 July 2012
€30m Savings To Be Achieved In Tipperary Council Merger
Mr Phil Hogan, T.D., Minister for the Environment, Community and Local Government today welcomed the publication by the Tipperary Reorganisation Implementation Group of the Implementation Plan for the establishment of a unified local authority in Tipperary.
€30m Savings To Be Achieved In Tipperary Council Merger
Mr Phil Hogan, T.D., Minister for the Environment, Community and Local Government today welcomed the publication by the Tipperary Reorganisation Implementation Group of the Implementation Plan for the establishment of a unified local authority in Tipperary.
19 March 2014
Local Property Tax Funds Being Misused
Funds collected through the Local Property Tax are being misused, Sinn Féin spokesperson on Local Government, Brian Stanley, has claimed. Deputy Stanley says that the latest figures regarding disbursement of funding from the Local Government Fund proves that the tax is being misused.
Local Property Tax Funds Being Misused
Funds collected through the Local Property Tax are being misused, Sinn Féin spokesperson on Local Government, Brian Stanley, has claimed. Deputy Stanley says that the latest figures regarding disbursement of funding from the Local Government Fund proves that the tax is being misused.
15 June 2016
Govt Approves €200m Local Infrastructure Fund
The Government has approved the establishment of a €200 million Local Infrastructure Fund. The fund will provide public off-site infrastructure to stimulate an increase in private housing in Dublin and in urban areas of high demand for housing.
Govt Approves €200m Local Infrastructure Fund
The Government has approved the establishment of a €200 million Local Infrastructure Fund. The fund will provide public off-site infrastructure to stimulate an increase in private housing in Dublin and in urban areas of high demand for housing.
20 March 2014
Sinn Féin Back Directly Elected Dublin Mayor
Sinn Féin has announced its backing of the proposal for a directly elected Dublin mayor. "Sinn Féin has long argued for directly elected mayors and we believe that this is an important part of the much needed reform of local government in the State," said former mayor for South Dublin County and Sinn Féin Councillor Cathal King.
Sinn Féin Back Directly Elected Dublin Mayor
Sinn Féin has announced its backing of the proposal for a directly elected Dublin mayor. "Sinn Féin has long argued for directly elected mayors and we believe that this is an important part of the much needed reform of local government in the State," said former mayor for South Dublin County and Sinn Féin Councillor Cathal King.
-
Ireland WeatherThis Evening and Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
