Monday, November 16, 2015

DOHERTY calls on Howlin to compensate Meath County Council for loss in revenue

Fine Gael TD for Meath East, Regina Doherty, has said that Meath County Council is set to have a financial loss of almost €700,000 due to new commercial rates.


"Regina Doherty TD, pictured above said the Minister must to the right thing and ensure that MCC are sufficiently compensated with a view to safeguarding our services in the county for the year ahead.”

The Ratoath TD said “due to new global commercial rates, Meath County Council (MCC) is set to record a loss of over €677,000 in revenue in 2016. I do not have a problem in the revaluation of our commercial rates, rather I am in favour of making Meath more attractive as a destination in which to do business for multi nationals such as Facebook in Clonee. However, the untimely manner in which the changes in commercial rates were communicated to local authorities is absolutely scandalous.

“It is for this reason that I have called on the Minister for Expenditure and Public Reform, Brendan Howlin, to compensate MCC for this loss in revenue resulting from recent changes in our commercial rates.

“MCC were not made aware of the changes in our commercial rates until after our municipal budget had been agreed on. It is now too late to make the adequate budgetary amendments to cater for the expected loss in revenue which amounts to the equivalent of 5% reduction in LPT for the Council.

“Because we cannot make these monetary amendments to our budget it leaves no option but for a reduction in services in order for MCC to satisfy balance sheets. Where will this reduction in services come from; housing, education, roads? It is simply not good enough that Meath must bear the brunt of the late communication of significant financial adjustments announced by the Department Public Expenditure.”

Concluding, Doherty said “the Minister must to the right thing and ensure that MCC is sufficiently compensated with a view to safeguarding our services in the county for the year ahead. Time is of the essence and I am hopeful for a speedy turnaround from the Department in the coming days.” 

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