Oireachtas Joint and Select Committees

Thursday, 16 September 2021

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Tailte Éireann Bill 2020: Department of Housing, Local Government and Heritage

Ms Emma Reeves:

The revision programme, which the Valuation Office manages, is well under way. The 2022 budget meetings for local authorities are expected to take place during November. The local authorities consider the valuation list for rateable properties in their rating authority areas when they are setting the annual rate of valuation for the following year. The Valuation Office expects to add approximately 3,000 new or revised valuations to valuation lists in the lead up to these meetings. Valuation certificates have issued recently in this regard and will continue to issue until the budget meeting.

In terms of what difference there will be in the new organisation, we have to remember the functions of the Valuation Office, the Property Registration Authority and Ordnance Survey Ireland in many respects will remain individual. The Valuation Office does need to continue to provide rateable valuations and it will continue to do this. There are, of course, areas of overlap and these are the areas where synergies may emerge.

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