Tuesday, 13 July 2021

Ceisteanna (323)

Catherine Murphy

Ceist:

323. Deputy Catherine Murphy asked the Minister for Housing, Local Government and Heritage if he will introduce changes to baselines in respect of the local property tax; if he will continue to use an equalisation fund; and the way in which he proposes that that self-fund aspect will be determined. [38020/21]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Housing)

I refer to the reply to Parliamentary Question No. 61 of 07 July 2021, which sets out the position in this matter.

As referred in my previous reply, Local Property Tax (LPT) allocations for 2022 will provisionally be based on updated information regarding the 2021 yield, on a no change basis i.e. the 80:20 model. All other elements are also be based on 2021 figures, including the LPT baselines, the equalisation contribution and self-funding of housing and roads from surplus LPT. It is recognised that the yield will change following the revaluation and the matter will be revisited at that point.