Wednesday 13 December 2017

County councils owed €750m in levies by property developers

Paul Melia

Paul Melia

PROPERTY developers owe more than €750m in levies to city and county councils.

New figures from the Department of the Environment show that more than half the total - €439m - is due for payment this year.

The highest amount is owed to Fingal County Council in Dublin, which is due €131m.

Templemore Town Council is the only local authority in the State which is not owed any money

Development levies are imposed by councils to help fund essential local infrastructure including roads, footpaths, water systems and street lighting.

At the height of the boom in 2007, some €900m was paid in levies but this has fallen to under €200m a year.

But the collapse of the construction sector means that developers are not paying over the money, leaving local authorities short.

The figures, contained in a response from the Department of the Envrionment to Fine Gael TD Simon Harris, show Dublin City Council is owed more than €106m, followed by Dun Laoghaire Rathdown (€91m), Cork County Council (€52m), Limerick County Council (€39m), Kildare County Council (€34m) and South Dublin County Council (€32m).

Online Editors

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News