Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

The Government has indicated its intention to move towards 80% retention from 1 January 2015 and the remaining 20% of the tax will be used to assist weaker authorities in terms of the equalisation of funds. Naturally, the priority for the equalisation would be to support the local authorities with a weaker funding basis. I expect to notify local authorities in the coming weeks of those decisions. A public consultation process will take place from the middle of July for approximately one month and then local authorities will be in a position to make a decision in good time, as they must do in line with the legislation and with their electoral mandate to notify the Revenue Commissioners by 30 September 2014.

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