Local Property Tax Council Meeting Expenditure Profile, M 275.00 - - PowerPoint PPT Presentation

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Local Property Tax Council Meeting Expenditure Profile, M 275.00 - - PowerPoint PPT Presentation

Dec 20, 2022 359 likes •870 views

Local Property Tax Council Meeting Expenditure Profile, M 275.00 168.71 Total Proposed 2020 120.00 Revenue & Capital Budget = 1.068B 614.00 518.78 110.40 401.32 Limerick City and County 80.20

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SLIDE 1

Local Property Tax

Council Meeting

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SLIDE 2

€148.11 €152.16 €157.67 €160.82 €170.80 €179.00 €16.96 €76.00 €213.59 €401.32 €518.78 €614.00 €59.81 €80.20 €110.40 €120.00 €168.71

2015 2016 2017 2018 Projected 2019 Projected 2020

Expenditure Profile, €’M

Revenue Expenditure HAP SSC Capital Expenditure

€275.00

Total Proposed 2020 Revenue & Capital Budget = €1.068’B

Limerick City and County Council has gone from the 6th largest local authority in spend to the

2nd largest.

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SLIDE 3

Budget Income 2019 (excl. HAP)

Grants & Subsidies 26% Goods & Services 30% Local Property Tax 11% Commercial Rates 33%

Total Income: €171,125,642

€18.73’M

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SLIDE 4

2019 Outturn Challenges – Windfarm Appeals

Initial Appeal to Valuation Office Annual Cost = €299k Subsequent Appeal to the Valuation Tribunal Est Annual Cost = €706k Total Estimated Annual Cost = €1,005k Est Arrears 2015 to 2019 €3,531k

Summary

  • 10 Windfarm Appeals
  • 6 relate to SSE
  • First LA to object to a decision of the Valuation Tribunal
  • LCCC objection being held at Valuation Tribunal in October
  • Revaluation process was to be revenue neutral
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SLIDE 5

€2.50 €1.58 €1.20 €1.46 €1.46 €0.60 €0.25 2014 2015 2016 2017 2018 Projected 2019 Projected 2020

Analysis of NPPR Receipts €'M

Non-Principal Private Residence

  • Reduction in income from

N.P.P.R. Trend movement from maturity to decline.

2019 Outturn Challenges

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SLIDE 6

2019 Outturn Positives

  • Commercial Rates income collection on target
  • Schedule of Municipal District Works progressing well:

– Roads Maintenance / Housing Maintenance / Housing Support Services / Parks, Pitches & Open Spaces / Cemeteries

  • Prudent financial management, under ongoing review:

– Projected to have balanced outturn for 2019 – Potential impact of windfarm appeals needs to be monitored

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SLIDE 7

Local Property Tax

  • A self-assessment tax based on the owner’s own appraisal of the market

value of the property.

  • Collected by the Revenue Commissioners.
  • Variety of payment methods available.
  • 80% of LPT retained locally, 20% of LPT re-distributed to provide top-up

funding to local authorities with lower property tax bases.

  • Under section 20 of the Finance (Local Property Tax) Act 2012, a Local

Authority may, as a reserved function, vary the basic rate of LPT by a maximum of +/- 15%.

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SLIDE 8

Local Property Tax 2020

  • The Public consultation process regarding the LPT was advertised both
  • nline and in the local media.
  • Submissions had to be received by the 16th August 2019.
  • Two submissions received via online questionnaire:
  • 1. Requesting no change on 2019
  • 2. Requesting an increase by the maximum 15%
  • Prepare report for Council meeting, setting out the matters to which the

Council must have regard in making a decision on the LPT including the financial position of Limerick City and County Council.

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SLIDE 9

36.00% 32.20% 21.30% 6.10% 4.40% €0 - €100,000 €100,001 - €150,000 €150,001 - €200,000 €200,001 - €250,000 > €250,000

Property Valuation Bands

Valuation Band 01 02 03 04 05 06 07 08 09 Valuation Band – 100,000 100,001 – 150,000 150,00 – 200,000 200,00 – 250,000 250,000 – 300,000 300,001 – 350,000 350,001 – 400,000 400,001 – 450,000 450,001 – 500,000 Base Rate P/Annum €90 €225 €315 €405 €495 €585 €675 €765 €855

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SLIDE 10

Comparison Limerick vs. Dublin

36.00% 32.20% 21.30% 6.10% 2.40% 2.00% 12.60% 20.10% 20.70% 16.20% 8.90% 21.50%

€0 - €100,000 €100,001 - €150,000 €150,001 - €200,000 €200,001 - €250,000 €250,001 - €300,000 > €300,000 Limerick City and County Dublin City

89.50% of properties in Limerick City and County versus 53.40% in Dublin City in the first 3 bands 8.50% of properties in Limerick City and County versus 25.10% in Dublin City in the bands 4 & 5 2% of properties in Limerick City and County versus 21.50% in Dublin City valued over €300k

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SLIDE 11

Local Property Tax 2020 Summary

€ LPT 100% €15,731,940 LPT 20% towards Equalisation Funding €3,146,388 2020 Baseline €17,554,464 LPT Retained Locally (80%) €12,585,552 2020 Shortfall

  • € 4,968,911

Distribution of Equalisation Funding €4,968,911 Total LPT Funding to be Provided in 2020 €17,554,464

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SLIDE 12

Impact of Variation of LPT (Householder)

€0.00 €0.00 €0.00 €0.00 €0.00

€0 - €100,000 €100,001 - €150,000 €150,001 - €200,000 €200,001 - €250,000 €250,001 - €300,000

89.50% of properties 8.50% of properties

0% increase on 2019

2% of properties valued >€300k

(7.5% increase on base)

No impact on the Householder

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SLIDE 13

Impact of Variation of LPT (Householder)

€6.75 €16.88 €23.63 €30.38 €37.13

€0 - €100,000 €100,001 - €150,000 €150,001 - €200,000 €200,001 - €250,000 €250,001 - €300,000

89.50% of properties 8.50% of properties

36% of properties 13 cent per week

7.5% increase on 2019

32.20% of properties 32 cent per week 21.30% of properties 45 cent per week

2% of properties valued >€300k

(15% increase on base)

Increase in income for LA: + €1,179,892.50

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SLIDE 14

Works Completed

7.5% increase 2019

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SLIDE 15

€50 €151 €100 €140 €220 €516 Library Service Tourism Development & Promotion Fire Service Parks, Pitches & Open Spaces Street Cleaning Local & Regional Roads / Traffic Management

Additional Income from LPT Increase €'K

Total Additional Income from Increases in LPT (7.5%)

€1,177,602

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SLIDE 16

Gully Inlets The increase in the LPT has facilitated an increase in the amount of Gully Inlet works being carried out on Regional & Local Roads throughout the three Municipal

  • Districts. This has allowed removal and discharge of surface water from the road

network throughout the district resulting in a safer road network

Roads

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SLIDE 17

Surface Dressing Works

Roads

Mountshannon Road, Lisnagry

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SLIDE 18

Surface Dressing Works

Roads

New Roadway under Construction at Thomas Street, Rathkeale

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SLIDE 19

Footpath Upgrades

Glenfield, Kilmallock Main Street, Kilmallock

Roads

Key areas such as Footpath Repairs / Upgrades are not specifically grant aided and are funded from general maintenance / own

  • resources. Consequently the increased money from LPT in 2019 has

facilitated footpath repairs and footpath works ancillary to road improvements that otherwise would not have been possible.

Footpath, and open space rehabilitation in conjunction with road reconstruction

Corbally Road

Busy pedestrian thoroughfare

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SLIDE 20

Footpath Upgrades

Roads

Ballinacurra

LA Housing Estate

Thomond Park

Significant pedestrian footfall - event and school\commuter related

Gaelic Grounds, Clareview

Residential private housing and event related improvements

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SLIDE 21

Ashill, Kilmallock

Footpath Upgrades

Roads

Springfield Drive, Dooradoyle

Residential private estate & thoroughfare

Woodlawn Drive, Dooradoyle

Currently ongoing

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SLIDE 22

The Crescent

Roads

Footpath Upgrades

Before After

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SLIDE 23

Main Street, Caherconlish- After Main Street, Caherconlish- During

Roads

Additional road & footpath rehabilitation and surfacing works

Additional improvements to junctions, access roads, pedestrian facilities, traffic management

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SLIDE 24

Additional road & footpath rehabilitation and surfacing works

Additional Kerbing, Footpaths, realm improvements, Bring bank bays, etc. Bruree, Cappamore – Kilmallock MD Semi-rural pedestrian connectivity- Footpaths upgraded in advance of overlay to provide full width rehabilitation Broadford, Newcastle West MD

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SLIDE 25

Street Cleaning

In order to maintain the city centre streets we employ an external contractor who applies a combination of high heat and lance power jetting to remove gum and grime from the streets. Our street sweepers were deployed to the approach roads on a number of occasions, as well as to private estates. This was additional work to their normal work load

Roads

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SLIDE 26

Parks, Pitches & Open Spaces

We were able to implement an extensive weed maintenance programme throughout all the council housing estates , as well as on the public roads, footpaths, kerbs etc.

LCCC manages 12 playgrounds, 6 MUGA’s (Multi-Use Games Areas) and 6 sets of Adult Exercise equipment, all of which requires regular maintenance, servicing and parts replacement.

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SLIDE 27

Grass Cutting

LCCC currently manage approximately 600 acres of green space, with the majority of the works carried during the summer months.

8 housing estates have been taken in charge in the city and county in 2019 to date. These estates require weed spraying and green space maintenance which is additional work to our pre- planned schedule.

Housing Estates

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SLIDE 28

Fire Service

Refurbishment of Drill Tower, Mulgrave Street

€30,000 Upgrade of Training Appliances

€20,000

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SLIDE 29

Fire Service

Hazardous Materials Training Course

€15,000 Maintenance and Repairs

€10,000

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SLIDE 30

Fire Service

Purchase of Thermal Imaging Cameras for Training and Operational Use

€10,000

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SLIDE 31

Fire Service

Purchase of Equipment for Dealing with Road Traffic Accidents involving Trucks and Heavy Goods Vehicles

€15,000

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SLIDE 32

In recognising the value of festivals to Limerick, €151k is allocated to a Festival Innovation Fund.

  • LEAF – Limerick Electronic Arts Festival, 2019

A world-class, multi-venue electronic arts festival, showcasing digital arts, with headline music acts and partnership with technology companies.

  • European Expo 2020

A series of exhibitions, seminars and events over the course of 2020 to celebrate our rich history, heritage and culture.

Tourism Development

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SLIDE 33

Library Service

Additional €50k

Supporting children's literacy, numeracy & communication skills

Additional €5k spend Autism Friendly Sensory Room Watch House Cross Library Additional €6k spend

Library Service

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SLIDE 34

Programme of over 75 events and lectures by health professionals organised in branch libraries annually

Healthy Ireland

Additional €5k spend

Healthy Ireland book selection Purchased for all library branches

Library Service

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SLIDE 35

Work Matters

Additional €5k spend

Library Service

Training in digital skills at all main libraries

Work Matters book selection at each branch library

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SLIDE 36

Enhancement of IT Services

Additional €15k spend

Self-service rolled

  • ut to libraries at

Adare, Abbeyfeale, Cappamore, Dooradoyle, Granary, Kilmallock, Newcastle West & Watch House Cross.

Library Service

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SLIDE 37

Library Digital Skills Programme

Library Service

Additional €5k spend

To establish the library as an important enabler

  • f digital services

and facilitator of digital skills development.

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SLIDE 38

Branch Improvement Works to Exterior of Foynes Library

Library Service

Additional €4k spend

The works included new footpaths, seating and landscaping

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SLIDE 39

Cultural / Civic Events

Library Service

Additional €5k spend

  • Over 700 cultural/civic events

held in branches annually

  • Supports the Creative Ireland

Programme with a range of events, e.g. Cruinniú na nÓg

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SLIDE 40

Proposal

2020

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SLIDE 41

€50 €151 €100 €140 €220 €516 Library Service Tourism Development & Promotion Fire Service Parks, Pitches & Open Spaces Street Cleaning Local & Regional Roads / Traffic Management

Current Allocation of 2019 7.5% LPT Increase €'K

Total Additional Income from Increases in LPT (7.5%)

€1,177,602

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SLIDE 42

Additional 7.5% on 2019 Levels

Service Per Annum Value 5 – Year Term Value

Capital Investment in New Plant to Deliver Efficient Local Services €400 ’ K €2.0 ’ M Urban and Rural Regeneration Fund €550 ’ K €2.75 ’ M GMA €200 ’ K €1 ’ M

Total Investment €1.15 ’ M €5.75 ’ M Total Cost to 90% of Householders 13 – 45 cent per week

*Note: GMA 2020 would increase to €1.40 ’ M

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SLIDE 43

New Plant

  • Capital Investment of €2.0’M required to replace obsolete

plant and improve efficient delivery of local services.

– 2 Velocity Patchers (€700k) – 1 Telehandler (€70k) – 4 Lorries (Salt, Tar, Stone) (€140k) – 2 Refuse Collection Trucks (€61k) – 1 Pavement Hot Washer (€185k) – 3 Road Sweepers (€600k) – 3 Tar Sprayers (€600k)

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SLIDE 44

Johnston V Range Sweeper Hot Water Pavement Cleaner Velocity Patcher Tar Sprayer Trailer

Capital Investment in New Plant to Deliver Efficient Local Services

Reduced emissions & fuel costs, functions are cab controlled- No dust/fume exposure for operator, larger capacities, potential to cover more areas

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SLIDE 45

Urban and Rural Regeneration Fund

Capital Investment of €2.75’M over 5 years required for the following:

Per Annum 5 Year Value – Dereliction / Vacancy €100k €500k – Match Funding for Transformational Regeneration Projects e.g. Greenways, Waterfronts, Sports Facilities, Feasibility Studies €150k €750k – Public Realm Plans and Implementation e.g. Patrickswell, Glin, Bruff, Dromcollogher, Askeaton, €200k €1’M Foynes – Tourism Strategy Implementation €100k €500k

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SLIDE 46

Mulgrave Street LCCC Paint Grant Scheme, Athea

Town, Village and Urban Dereliction Fund

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SLIDE 47

Market House, Kilfinane

  • Compulsory Acquired under Derelict Site Act

1990

  • Grant Application for Town & Village

Renewal Funding 2019

Main Street, Ballingarry

  • Compulsory Acquired under Derelict Site Act 1990
  • LCCC currently in the process of carrying out

remedial measures to remove the property from dereliction.

Town, Village and Urban Dereliction Fund

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SLIDE 48

Nicolas Street Upgrades Ryder Cup 2026 Pro – AM 2020 West Limerick Tourism Gateway

East Limerick Tourism

(Lough Gur, Bruff, Kilfinane, Bruree, Kilmallock)

Great Southern Greenway and Adjacent Towns / Villages

(Rathkeale, NCW, Abbeyfeale)

City Centre Tourism Signage

Sports & Recreation Facilities e.g. Playgrounds

Examples of Proposed Investments

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SLIDE 49

Thank You

Working together for a better Limerick