Revenue Lost Through Rates Abolition

Summary

The Minister estimated that £78.7 million would be paid to local authorities in 1978 to compensate for domestic derating, including about £9.6 million for local-authority dwellings.

Noel C. Browne Dr. Browne Independent

asked the Minister for the Environment the estimated total revenue lost to the State by the abolition of rates on private houses.

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John O'Leary Mr. J. O'Leary Fianna Fáil

The amount expected to be recouped to local authorities from my Department's Vote in 1978 in respect of the derating of domestic property is estimated to be £78.7 mil-lions, of which approximately £9.6 millions relates to local authority dwellings.

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