Dáil Éireann Debate, Thursday - 7 March 2013
68. Deputy Maureen O'Sullivan asked the Minister for Finance the percentage of the proposed property tax that will revert to the local authority; the criteria that will be used in assessing same; and if he will make a statement on the matter. [12089/13]
View answerSection 157 of the Finance (Local Property Tax) Act, as amended, provides that, in each financial year commencing in 2014, the Minister for Finance shall pay into the Local Government Fund an amount equivalent to the local property tax, including any interest paid thereon, paid into the Central Fund or the growing produce thereof during that year. The allocation of funding to local authorities, as well as criteria in assessing such allocation, is properly a matter for the Minister for the Environment, Community and Local Government.
