Kildare householders hit with property tax hike

7.5% rise

Henry Bauress

Reporter:

Henry Bauress

Email:

henry.bauress@leinsterleader.ie

Kildare householders hit with property tax hike

Homeowners have been hit in the pocket

Kildare County Councillors have voted not to cut the Local Property Tax (LPT) for the coming year.

They have the power to cut the rate by up to 15% and had, in the past two years, cut it by 7.5%.

The decision, made yesterday, not to apply any reduction, will bring in an additional €1.62 million to Council coffers, which will be spent on public services and roads projects.

The effect will be an increased tax bill for Kildare homeowners compared to last year. For those with houses worth between €150,000-€200,000, it will be an increase of €23.63.

Owners of a house worth €250,000 will see a €30 increase; €300,000 will see a €37 rise and a €400,000 home owner will pay €50 extra.

The Council expects to collect €12.45m from the LPT this year and estimates €12.78m in 2017.

Sinn Fein’s Ide Cussen called for a 15% cut this year, but Council CEO Peter Carey estimated that would represent a loss of €3.2m for the budget.

He noted that while the council was in a position to grant a reduction in the LPT, he felt that dedicating funds to “worthwhile local projects presented an excellent opportunity to deliver demonstrable results for local communities”.

The motion to reduce the rate by 15% was supported by Sinn Fein members, Independent Brendan Young, and Labour councillors John McGinley and Kevin Byrne.

See this week's Leinster Leader for full story