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10% drop in property tax for county home owners

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10% drop in property tax for county home owners

Galway Bay fm newsroom - Property owners across the county will benefit from a 10% drop in their local property tax next year.

A special meeting of the County Council was called for today after a controversial vote on the issue on Monday.

At that meeting, 16 of 39 councillors voted to keep the current rate of LPT for 2018.

However, the vote was taken while a significant number of councillors were absent from the chamber, as they were discussing another local authority matter in an adjoining meeting room.

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As a result, today's special meeting was called - and 20 out of 26 councillors present voted to revoke the decision to retain the same rate of LPT as last year.

Last year's rate included an increase of 10% from the base level.

At today's meeting, 20 councillors voted to revert to the 2016 rate of LPT - which means the 10% increase applied this year will not be applied for 2018.

This means a 10% decrease in LPT for property owners across the county next year.

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The reduced rate was proposed by Fianna Fail councillor Mary Hoade who says it's up to the government to bridge the council's funding gap - not the tax payer.

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