The 2016 Budget, totalling €166.6 million, has succeeded in maintaining and expanding service levels and ensures that benefits from the economic recovery are fairly spread across the County.
DLRCoCo has successfully delivered balanced budgets for the last number of years, despite a major reduction in funding, and next year’s budget includes–
- the maximum reduction (of 15%) allowable to the basic rate of Local Property Tax in 2016
- no increase in commercial rates
- an increase of €250,000 for housing maintenance contracts (to be used mainly to fund an annual boiler replacement programme)
- more than €2 million extra funding for homeless services budget (we expect 60% of this to be matched with an increase in central government funding)
- €312,500 additional funding for road and footpath restoration and improvement works
Local Property Tax (LPT)
We are very conscious that residents of Dún Laoghaire-Rathdown pay considerably more in LPT than residents of most other local authorities around the country. It is anticipated that that over €50 million will be collected in LPT in DLR, and €10 million of that will be paid into the equalisation fund that will help fund local government throughout Ireland.
I was pleased to vote for the maximum possible reduction in the Local Property Tax, of 15%. This reduction cost €7.6 million but will reduce the liability for the average house in Dún Laoghaire-Rathdown from €675 to €573.75, a saving of €101.25 per property.
The Budget allocation for 2016 for transportation of over €28 million, means that there will also be important investment in transportation services in DLR, including
- maintenance of over 700km of streets and roads, and 1,400km of footpaths, including signage and lining
- road schemes and improvements
- construction and maintenance of cycle facilities
- supporting increased numbers of cyclists
- provision of 1,750 parking spaces for bicycles
- maintenance of over 220km of cycle tracks
- over 23,000 public lights
- monitoring and maintenance of 268 sets of traffic lights at junctions and crossings throughout DLR
- 70 school traffic wardens
- cycle safety training for schools
- parking control services
- road safety
- public consultations
- smart travel initiatives and public transport
In addition to the continuation of the DLR Business Support Grants, Shop Front Grants and Vacant Commercial Premises Incentive Scheme, an €195,000 has been provided to fund initiatives and events designed to increase footfall in commercial areas countywide.
DLRCoCo prides itself on the quality of its public realm and the cultural and recreational facilities it provides for our residents, businesses and visitors. For the first time in a number of years, Budget 2016 allows for increased expenditure in this area.
Remember, business owners and entrepeneurs can contact the DLR Local Enterprise Office (LEO) on (01) 204-7083 or at email@example.com to access the range of supports that are available for enterprise in Dún Laoghaire-Rathdown.
DLRCoCo has produced a short video on the 2016 Budget:
You can read the full Budget Edition of DLR Times here.