Catherine Murphy (Kildare North, Social Democrats)
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528. To ask the Minister for Housing, Planning, and Local Government if he has received notification from the Revenue Commissioners of the local property tax receipts following the revaluation; if so, if he will provide a breakdown by local authority; if he will provide a breakdown of the pre-adjustment income and the post-adjustment income by local authority; if there are any unexpected shortfalls; if so, the way in which they will be managed; and if he will make a statement on the matter. [30203/22]

Catherine Murphy (Kildare North, Social Democrats)
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530. To ask the Minister for Housing, Planning, and Local Government the method that he intends to use for the distribution of local property tax; the estimated shortfall in the equalisation fund which will now be met by the Exchequer; if he will provide a breakdown of the baselines that will be used for 2022, by local authority; the changes, if any, that are proposed in the self-fund element; and if he will make a statement on the matter. [30314/22]

Peter Burke (Longford-Westmeath, Fine Gael)
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I propose to take Questions Nos. 528 and 530 together.

Local Property Tax (LPT) allocations for 2022 are based on information regarding the 2021 liability yield provided by the Revenue Commissioners last June. All other elements are also based on 2021 figures, including the LPT baselines, the 80:20 local retention model, the equalisation contribution and self-funding of housing and roads from surplus LPT. LPT allocations to local authorities for 2022 amount to €523.9m. These allocations include the Exchequer contribution to equalisation funding of €34.3m. Detailed information on the individual LPT allocations including a breakdown of the baselines by local authority, is published by my Department on an annual basis and is available at the following link: www.gov.ie/en/collection/ea27d-local-property-tax-allocations/

Revenue publishes a comprehensive range of quarterly and annual statistics relating to LPT on its website, including detailed information regarding Local Authority collection and compliance data, at the following link: www.revenue.ie/en/corporate/information-about-revenue/statistics/local-property-tax/index.aspx.

The Programme for Government 'Our Shared Future', commits to bringing forward LPT reforms including providing for all money collected locally to be retained within the county. The Government has signalled its intention that the move to 100% local retention of LPT will be introduced over the 2023 and 2024 budgetary cycles. It is expected that the LPT yield will change following revaluation last November and the distribution model will be reviewed when new yield per local authority is fully quantified; final figures are not yet available.

Given the need for timely information to be provided to local authorities for their budgetary process and the need for final LPT figures to inform that, I do not expect that baselines will be reviewed in advance of the 2023 local authority budget process. Each local authority situation is complex and it is important that sufficient time is taken to analyse and assess potential options in that respect. Preliminary census data will also form an important input to that deliberation. My Department will, however, be considering, in consultation with the Department of Public Expenditure and Reform, the potential for a move towards 100% retention for 2023. LPT allocations for 2023 have, therefore, yet to be decided.