Results 15,401-15,420 of 34,663 for speaker:Seán Fleming
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Let us say the Valuation Office goes to a more established town, where a lot of the properties are family-owned and there are not too many being rented out. I know every circumstance is different, but how does the Valuation Office deal with that?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: As a rule of thumb, but subject to every case being different, when the Valuation Office looks at the lease value of a property, which is X amount per annum, what valuation would it place on it? There must be some formula. What is the average ratio between the rates bill and the rent?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: I know there are variations on a case by case basis-----
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: What does that mean?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Mr. O'Sullivan is saying that the rates bill would normally be 50% of the rent. Is that right?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Okay. I am going to ask an obvious question now. Why does the Valuation Office not just get the data on rents? Why do we need revaluations if that is the general rule of thumb all over the country? Why not have valuations based on rents? I know the witnesses will probably refer to policy and legislation but why can a business paying €1,000 per week in rent not have a rates bill...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: I am sure Mr. O'Sullivan understands what I am asking. It begs the question as to why the Valuation Office has to do all of this work when it has done thousands of valuations and a rule of thumb has been established.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: I ask Mr. O'Sullivan to send us some information about the value of what went into the tribunal-----
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: The Valuation Office will send on the documentation to which I have referred. The witnesses have said that the office has done 43% of the properties but 70% to 80% of what it is supposed to do.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Will the witnesses send us a chart outlining the rateable valuations by local authority? Obviously, the Dublin ones are the biggest but the office must have that data.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Yes.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: We want to be able to see it on a county by county basis. Obviously Dublin City Council and Fingal County Council will be at the top of the list, which will work its way down to Leitrim.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: No, for all counties. Some will be based on revaluations while others will be based on the current valuation.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: That will give us a picture of the situation as it is today or as it was on 31 December 2017. The next issue I want to raise is global valuations. I will not dwell on it for long because we have been over this previously but I am talking here about valuations for the likes of ESB, EirGrid, Vodafone and so on. Do I take it that they are excluded from this process?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: I have tabled parliamentary questions on this and have seen schedules and the Valuation Office has done those revaluations. In terms of the revaluations being done in a particular area, those companies covered by global valuations in that area are dealt with separately.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Yes and they are based on things like population, if there is a facility belonging to the company-----
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: There might be counties where EirGrid does not have a pylon and that is dealt with separately. Deputy Connolly mentioned something earlier about the Valuation Office's role in valuing Government Buildings. What is that about?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: When a property is going from one public body to another?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: It could be going from a local authority to the IDA, or vice versa, for example.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: National Property Revaluation Programme (25 Jan 2018) Seán Fleming: Is some of that valuation work done by the Office of Public Works, OPW, or does the Valuation Office work with the OPW?