The table below gives an indication of the rate of Local Property Tax for an average household in Waterford following a 15% decrease or increase on the basic rate.
| LPT Valuation Band | Basic Rate | -15% | +15% |
| €0 – 100,000 | €90 | €76.50 | €103.50 |
| €100,001 – 150,000 | €225 | €191.25 | €258.75 |
| €150,001 – 200,000 | €315 | €267.75 | €362.25 |
| €200,001 – 250,000 | €405 | €344.25 | €465.75 |
For example, if your house is valued under €100,000 and the basic rate is not varied, you will pay €90 Local Property Tax in 2020. If the Local Property Tax rate is increased by 15% you will pay €103.50 Local Property Tax in 2020 and if this rate is decreased by 15%, you will pay €76.50 Local Property Tax in 2020.
This money contributes towards the cost of providing a range of local Council services including libraries, public lighting, road maintenance, housing services, fire services, supporting community initiatives, dealing with illegal dumping and littering, beach management and tourism development initiatives.
If the rate is reduced and if funding is not available to replace this reduction, then a reduced level of income available to the Council will limit the range and extent of services and supports that can be provided in 2020.
If the rate is increased, then an increased level of income available to the Council will increase the capacity to deliver services and supports in 2020.
Yes, Waterford City and County Council would like to hear your views and opinions on any proposal to increase or decrease the rate of Local Property Tax in Waterford. We would like to hear your thoughts on the potential effects of varying the basic rate of the Local Property Tax on households, individuals, businesses and on Council services.
To make your submission you can write to:
Local Property Tax Consultation,
Finance Section,
Waterford City and County Council,
City Hall,
Waterford.
Alternatively submissions can be made by email to: LPT@waterfordcouncil.ie or via our online submission form .
All submissions must be received by 24th August 2019. There is no prescribed format for a submission.
The elected members of Waterford City and County Council will consider the feedback received from this public consultation as part of the decision-making process. The Chief Executive will provide a summary of the written submissions received in a report to the elected members.
In making their decision on whether or not to vary the rate, the elected members will consider the following: