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Increase in Waterford's Local Property Tax on the way

Increase in Waterford's Local Property Tax on the way

Waterford's Local Property Tax is set to be increased by 2.5 percent.

City and County councillors voted in favour of the raise at a meeting last night.

The vote was past by 17 to 11, with support coming from the 15 Fianna Fáil and Fine Gael councillors and two independents.

Council CEO Michael Walsh had originally urged the councillors to increase the tax by ten percent.

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He said there was a genuine need to increase income. He cited the example of road infrastructure and said it would require a million euro a year for the next 10 years to make a difference to Waterford's footpaths alone.

It's the first time in nearly a decade any local authority charges have increased.

Fine Gael's Damian Geoghegan said Waterford needed more resources. He said the increase equated to between a 4 cent, 11 cent or 15 cent increase per week depending on the value of a person's house.

Independent Davy Daniels said another way had to be found to fund local authorities to avoid always taking more from the ordinary tax payer.

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While, Sinn Fein's Jim Griffin says the real emphasis needed to be put on fixing the housing and homeless situation and not arguments over footpaths.

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