Oireachtas Joint and Select Committees

Thursday, 18 July 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 15 - Valuation Office

10:40 am

Photo of John DeasyJohn Deasy (Waterford, Fine Gael) | Oireachtas source

Mr. O’Sullivan used examples. I will give him an example. One lady dropped her rents 30% in January and she made the point that the revaluation is based on October 2011 levels. I have been coming across these people over the past two years. Retailers in my home town - I know many of them - have told me that this year is the worst since this crisis hit, and the first three or four months of this year have been the worst. The figures bear this out. When Mr. O’Sullivan makes the point about 2011 figures I make the point that they are out of date. I did not have to make this point because the Department made it for me, it is coming around to the opinion that it is out of date.

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