Clare County Council has agreed to retain the Local Property Tax (LPT) for the term of the Council 2025-2029 at the same level as the previous five years.
This will secure €58 million in funding for the operational needs of the local authority and support significant community services.
Following the vote to set the LPT on Monday evening (September 9, 2024) Chief Executive of Clare County Council, Pat Dowling said, “Maintaining the Local Property Tax at the same rate for the next five years not only brings certainty for the Council and our budget process, but also gives certainty to Clare property owners at a time of significant economic change and rising costs.”
Noeleen Fitzgerald, Director of Finance and Support Services, Clare County Council added, “Inflation in recent years has reached approximately 19%, while Local Property Tax has remained static. More than half of the property owners in Clare are in the lower band of the Local Property Tax, paying €103.50 per annum at the current rate – a rate that has been in place since 2020. Another 27% of Clare property owners pay €259 annually in property tax.”
Cathaoirleach of Clare County Council, Councillor Alan O’Callaghan said, “The €58 million raised through the local property tax in Clare will support significant community grant schemes, library services, lifeguards on our beaches and other essential services for the county and its citizens.”
For further information on LPT see Clare LPT.