RATEPAYERS BEWARE? – CO COUNCIL BEGINS TO RECKON THE COST OF LOCAL AUTHORITY REFORMS

7 June 2013 No Comments by The Northern Standard

The financial implications for Monaghan Co Council of assuming responsibility for the five Town Council areas in the county concentrated the minds of the authority’s members when they met for their monthly meeting on Tuesday – and were informed by the Council’s Head of Finance John Murray that the combined financial deficit of the town authorities, based on their annual financial statements at the end of 2012, was €864,000.

Fianna Fáil councillor Robbie Gallagher asked what effect the doing away with of Town Councils would have on the rates base for the county.

Mr Murray said at present there would be no change to the rates base, and the valuations applied to properties, which were determined by the Valuation Office, would not change. Referring to the fact that different rates on valuation currently applied in the Town Council and Co Council areas – Monaghan Town Council, for example, has a rate on valuation of €72, while Monaghan Co Council has a rate on valuation of €56.20 – Mr Murray said that what was being proposed by the Dept of the Environment was that there would be a convergence process over a ten-year period during which the gap between the different rates would narrow until parity was achieved.

Mr Murray added that …

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