Dáil debates
Tuesday, 23 October 2012
Other Questions
Property Taxation
3:50 pm
Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
Irrespective of what will be the position in the future, the Central Fund will continue in its current form in 2013. Revenue from the household charge will go into the fund and an equalisation measure will be applied in addition to motor taxation. This revenue will replace the Exchequer contribution which we no longer have the luxury of being able to make to the Central Fund. Some €1 billion is being spent on local government through this fund and that will continue to be the case. Provision has already been made for a community fund to be developed by local government under section 127 of the Local Government Act.
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