A file picture of Drogheda taken from the air by Copter View.
Louth County Council has reversed its controversial rates increase which it announced recently under which Drogheda rate payers were being asked to pay 3.5% more than their counterparts in Dundalk and 17.4% more than Louth County Rate payers.
The revised Annual Rates of Valuation (ARV) proposed are now: Drogheda 0.229 Dundalk 0.227, Louth County 0.200
LoveDrogheda BID (Business Improvement District) organisers say that while this is an improvement on the previous proposal, Louth is the only Council in Ireland proposing to use three different ARV rates.
LoveDrogheda BID are seeking a date from Louth County Council as to when a uniform single ARV will be applied to all Louth County rateable properties.
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“The Valuations Office have completed a comprehensive revaluation of all rateable properties in the State. These valuations take account of the size, location and potential rental income of each property” said a spokesperson.
“As a consequence, in general, they will have valued a rural rateable property lower, than a property on a main street in a large town or city. This relative valuation will equate in a bigger or smaller rates bill, due on that property.
“It is proposed that Drogheda’s rate payers will now make a €12.0 million direct contribution to Louth County Council in 2020.”
Chairman of LoveDrogheda BID, Geoff Fitzpatrick said: “We need to have some adult conversations as to why this discriminatory proposal was put forward by our Council in the first place. Local taxation policies need to be fair and need to be seen to be fair.”
John Shanahan of Polaris Property said “We are still paying 14.5% more in rates, than a rate payer in Dunleer, Carlingford or Adree, this is not acceptable and needs to change.”
Declan Kierans of the Pain Factory thanked the many local elected representatives who rowed in behind the LoveDrogheda campaign.
“This is precisely how a healthy Council should operate, with the TDs Senator and Councillors all collaborating to achieve what is best for their town.”
“We represent the interests of Drogheda’s rate payers” Said Niall Kierans, “We compete with rate payers in Dublin, Dundalk, Navan and elsewhere.
“One set of rate payers cannot be unfairly burdened with additional taxes, because they are located in either a rural or town location.
“This would be like Revenue requesting a business to charge a 20% VAT rate in Ardee and a 23% VAT rate in Drogheda – it’s simply not fair.”
Jackie Jolliffe of the Crafty Fox remarked that “when Ratepayers were asked earlier this year to vote for the BID they did so not knowing what a BID could do for them.
“This vote of confidence has already paid off, businesses are already getting a healthy return on their investment” she concluded.