LIMERICK councillors failed to get as far a debating whether they should adjust the Local Property Tax charges this week, despite spending three and a half hours tackling the agenda of their first meeting as an amalgamated council.
But the elected representatives have been told they don’t have the money to reduce the Local Property Tax – and if they do reduce, services will suffer, senior management have warned.
And if the council gives hard pressed householders the maximum reduction of 15 per cent, it will only put between €1.13 and €3.94 back in the pockets of 88 per cent of Limerick households each month.
As a heated debate began following a presentation from the council’s Head of Finance, Tom Gilligan, Cathaoirleach, Kevin Sheahan (FF) told the meeting he was deferring all discussion about the tax to a meeting to be held next Tuesday, the final legal date on which the council can decide to lower or raise the charge.