Councillors ignore pleas and reduce local property tax from 2019 rate

Councillors voted to set the Local Property Tax (LPT) for 2021 at 7.5 percent – a reduction of 2.5 per cent on the base 2020 rate of 10 per cent.

he decision was made at a special meeting of Kerry County Council on Monday, where it was passed by 20 votes to 13 after a lengthy debate covering the pros and cons of the LPT.

Kerry County Council CEO Moira Murrell initially pleaded with councillors for the 2019 rate to be retained (10 percent), citing a shortfall of €10.6 million in KCC’s income streams due to the catastrophic impact of COVID-19 on the local economy. A hit of between €5m and €6m is the projected deficit in commercial rates as businesses struggle to create income since the COVID outbreak in March. Commercial rates account for roughly 28 per cent of KCC’s annual funding.

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