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Commercial Rates

Dáil Éireann Debate, Tuesday - 24 November 2020

Tuesday, 24 November 2020

Questions (103, 125)

Joe Carey

Question:

103. Deputy Joe Carey asked the Minister for Housing, Local Government and Heritage if consideration will be given to a special allocation of funding to Clare County Council to compensate for the shortfall given the further projected shortfall in commercial rates for Clare County Council from Moneypoint power station in 2021; and if he will make a statement on the matter. [38475/20]

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Joe Carey

Question:

125. Deputy Joe Carey asked the Minister for Housing, Local Government and Heritage if consideration will be given in 2021 to providing Clare County Council with additional funding in view of the projected shortfall in commercial rates income as a result of the ongoing revaluation of Moneypoint power station and following on from the positive decision to give a special allocation of €2.5 million in 2020; and if he will make a statement on the matter. [38474/20]

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Written answers

I propose to take Questions Nos. 103 and 125 together.

The impact of the reduction in commercial rates income to Clare County Council in 2021, as a consequence of the revision of the valuation of Moneypoint Powerstation, is acknowledged. I can confirm that once off support funding of €2.5 million has been allocated to help Clare County Council mitigate the loss. The allocation referred to in the question is in respect of 2021 and will be paid to Clare County Council over the coming weeks and can be accrued to the local authority's 2021 revenue account.

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