Cork City Council votes not to vary Local Property Tax

Cork City Council have voted not to vary the basic rate of the Local Property Tax (LPT) at a special meeting this evening.

Sixteen councillors voted not to vary the basic rate while 10 councillors were against.

Elected members of a local authority may pass a formal resolution to vary the basic rate of the LPT for their administrative area by -/+ 15% of the basic rate set by the Minister for Housing, Planning and Local Government.

In 2015 and 2016 councillors agreed to apply a 10% reduction but last year the decision was made not to vary the basic rate and this meant that Cork City Council had an extra €777,000 to spend.

This evening’s vote means that €777,000 will also be available in the council’s budget for 2018.

Last night the council revealed that the extra €777,000 available in 2017 was spent in the housing and community, roads and transportation and environment and recreation directorates. Up to €400,000 was spent on housing maintenance, another €200,000 on road resurfacing and another €177,000 on funding playground upgrades and design and on tree works in communities.


Related Articles

€900k for family of cyclist killed after he was struck by car

Community project in Cork unites generations in melody

Revenue seeking ‘pound of flesh’ in cigarette duty case

Gardaí prepare book of evidence on alleged Cork cocaine lab

More in this Section

The Lotto Results are in...

Holding a second Brexit referendum would not be anti-democratic - Varadkar

Limerick secures €85m EU loan

Young immigrants who fail to register for residence permits face education and employment difficulties


Today's Stories

Kelleher backs Eighth Amendment move

Varadkar rejects claims of failing to show leadership on abortion

Man came out of coma and stole doctor’s phone and cash

Man took part in triathlon weeks after suffering ‘injuries’

Lifestyle

The biggest cancer killer will take your breathe away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner