The current system of local retention of Local Property Tax (LPT) began in 2015 and since then 80% of the estimated LPT liability in each local authority area for a given year is retained in that area to fund public services, notwithstanding any local variation decisions. The remaining 20% of LPT is re-distributed to provide equalisation funding to those local authorities that have lower property tax bases.
The final LPT allocations to all local authorities for the years 2015 to 2020, along with details of the contributions towards equalisation funding etc., are published on my Department’s website at the following link: https://www.housing.gov.ie/search/archived/current/category/housing/sub-topic/local-property-tax/sub-type/funding-allocation/topic/chargestaxes/type/publications?query.