Mick Wallace (Wexford, Independent)
Link to this: Individually | In context | Oireachtas source

305. To ask the Minister for Public Expenditure and Reform the progress that has been made in accelerating the programme of revaluation of commercial premises; and if he will make a statement on the matter. [51811/12]

Brendan Howlin (Wexford, Labour)
Link to this: Individually | In context | Oireachtas source

In accordance with the Valuation Act, 2001, which came into force on 2nd May, 2002, a national programme, under the direction of the Commissioner of Valuation, is being rolled out progressively for the revaluation of all commercial and industrial properties in the State. The revaluation programme which has been completed in three County Council areas in Dublin 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. The revaluation of Dublin City Council area began in May 2011 and will be completed in 2013. The Commissioner signed valuation orders for Waterford on 12th December, 2011 and Limerick on 29th March, 2012. The Waterford and Limerick revaluations will be completed in 2013 and 2014 respectively. At that stage, approximately 33% of all rateable properties in the country, representing over 50% of the national valuation base in monetary terms, will have been revalued. It is intended to extend the revaluation programme to further local authority areas as soon as it is practicable to do so but it is not possible at present to say where these areas will be. The Commissioner of Valuation, in accordance with the Act, consults with the Minister for the Environment, Community and Local Government and with the rating authority concerned before making an order.