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Businesses In Dublin Could See A Substantial Rates Rise

Emma Tyrrell
Emma Tyrrell

09:18 25 Nov 2019


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Dublin city councillors will meet again today to try to agree a budget for next year, which could see businesses paying more.

The chief executive, Owen Keegan, has proposed increasing parking charges, tolls, commercial rates and social housing rents in order to make up a shortfall.

At a meeting last week, councillors refused to pass the measures and adjourned the meeting until this week.

Councillors attached to the Dublin Agreement group want €8.4 million euro in Irish Water related rates reinstated.

They say they could vote for an increase of up to 5 percent in commercial rates unless the funding is restored.

Fianna Fáil representative, Mary Fitzpatrick, hopes it won't come to that;

"Its really not how we should be looking to finance the city. We have made great economies in other parts of the budget but in the absence of the government's fair treatment of the city council and them allowing us hold onto rates that are owed to the city council, that is one of the considerations being made."

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