Clare Daly (Dublin North, Socialist Party)
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Question 108: To ask the Minister for Finance the way he will deal with the implementation of the new rateable valuation system for calculating local authority rates. [9770/11]

Michael Noonan (Limerick City, Fine Gael)
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The Valuation Act 2001 which came into effect on 2nd May, 2002, provides for the revaluation of all commercial and industrial property. The Commissioner of Valuation has sole responsibility for all valuation matters under the Valuation Act 2001, which includes the implementation of the revaluation programme on a nationwide basis.

The revaluation programme began in November 2005 in the South Dublin County Council area and has since been rolled out to the areas covered by Fingal and Dún Laoghaire-Rathdown County Councils. The revaluation of South Dublin was completed in December 2007, Fingal was completed in 2009 and Dún Laoghaire- Rathdown was completed in 2010. In the next phase, the revaluation of the Dublin City Council area will commence with the signing of the valuation order on 5th May, 2011. This will entail the valuation of circa 25,000 properties and the new list will be published in December 2013. It is intended to roll out the programme to further local authority areas later in 2011 and the necessary process of consultation, as provided for under the Act, is underway with the local authorities of Waterford, i.e. Waterford City and County Council and Dungarvan Town Council. Preliminary work is also underway on the revaluation of Limerick City.

The Commissioner is actively reviewing options which might hold potential for accelerating the delivery of the revaluation programme within a shorter timeframe. My officials are also reviewing various provisions of the Valuation Act, such as streamlining the appeals process, to see if greater efficiencies can be achieved.