“SMALL PAIN FOR BIG GAIN” ARGUMENT HOLDS SWAY AS LOCAL PROPERTY TAX INCREASED BY 15%

6 September 2019 No Comments by The Northern Standard

Peter Hughes

The members of Monaghan Co Council on Monday voted 9-8 to increase the rate of Local Property Tax levied in the county by 15%. The Fianna Fáil and Fine Gael members of the local authority combined to carry the proposal, advancing the rationale that the extra revenue generated would enable the county’s three Municipal Districts to significantly increase the funding at their disposal to support local projects and provide match funding for developments advanced by community groups.

The Ballybay/Clones, Carrickmacross/Castleblayney and Monaghan Municipal Districts will each receive €330,000 for discretionary spending as a consequence of the decision, the proponents of which argued that the “big gain” from which would more than offset the “small pain” of the increase, which would work out at an extra 25c and 64c per week in additional payments for those who fell within the two main Local Property Tax bands in the county.

Sinn Féin adhered to its traditional stance on the issue by opposing the increase, Colm Carthy proposing instead that the tax be cut by 7.5%. The party’s representatives contended that the people were taxed enough and accused the Government of squandering large amounts…

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