The Local Property Tax is due to change in 2019. Here is the latest submission on proposed changes;
An independent appraisal of local authority needs and resources, and hence of the validity of the baseline funding model for local authorities, needs to be conducted at an early opportunity. This should be done within the lifetime of the current LPT valutation, before decided the next valuation in 2019. Currently substantial leakage of LPT receipts from Dublin City to the Exchequer and elsewhere means that Dublin City residents are not gainly sufficiently form the system.
A theme throughout this report is the importance of Dublin as the country’s Capital City, within which the DCC area is the largest employment centre in Ireland, for commuters as well as those both living and working in Dublin.
The LPT system needs to move to one in which local authorities retain 100% of the LPT raised in their areas as soon as possible, ideally from the next revaluation. Householders in the DCC area understood that they would benefit from more local services when the LPT was introduced but this has not happened because of how the LPT has operated to date.