« BackLocal Property Tax to remain unchanged in Kerry

 

Kerry County Councillors have voted to leave the Local Property Tax rate unchanged for next year.

KCC chamber

Under legislation county councils have the power to increase or decrease the local property tax rate by 15 per cent

Earlier, councillors were told there is a 5.5 million euro shortfall in the local authority’s finances for the coming year.

Chief Executive of Kerry County Council Moira Murrell said this is a serious gap that will have to be bridged certain projects will have to be prioritised and others will not happen.

A car parking strategy is to be considered to help boost funds.

The property tax will be worth 13.7 million euro to Kerry County Council in 2017; it will be used for housing, roads, libraries, park and public lighting.

Over 60 per cent of houses in Kerry are valued at 150,000 euro or less – with those paying 90 to 225 euro annually.

Sinn Fein Cllr Toireasa Ferris said a reduction of 15 per cent in the tax would put 2 million euro back into the local economy.

Her party’s motion for such a decrease was defeated.