Written answers
Tuesday, 19 October 2021
Department of Housing, Planning, and Local Government
Commercial Rates
Carol Nolan (Laois-Offaly, Independent)
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473. To ask the Minister for Housing, Planning, and Local Government if he will put in place an alternative income stream for Offaly County Council to compensate for the €1.65 million loss of commercial rates following the closure of Shannonbridge power station, particularly as this loss represents a 9% in the local authority’s funding; and if he will make a statement on the matter. [51033/21]
Peter Burke (Longford-Westmeath, Fine Gael)
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In 2019 Shannonbridge accounted for approximately 20% of the rates base of Offaly County Council. The Government recognises that this is a significant portion of the rates income of the local authority, particularly against the backdrop of the Covid-19 pandemic and financial impact it has had on ratepayers generally. In recognition of this, I have announced that funding of €1.7m will be provided to Offaly County Council in 2022 in respect of the rates that would otherwise have been levied on the Shannonbridge plant.
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