There will be no change to the Local Property Tax in Waterford in 2019.
It’s after councillors rejected a 10% increase at a special meeting last night.
Instead the rate will stay the same as 2018 which is two and a half percent above the base rate.
Waterford City and County Council CEO Michael Walsh says they’re currently applying for money from the Urban Regeneration and Development Fund for the North Quays as well as a similar fund for towns and villages.
He told councillors that they will be expected to match that funding.
He said footpath maintenance and town and village renewal programmes need funding.
Fianna Fail’s James Tobin says those who pay the most benefit the least. Those in rural Waterford he said in one off housing are paying the biggest development charges.
After a 30 minute adjournment Fine Gael’s Damien Geoghegan put forward a proposal which was agreed by all.
It was to reject a ten percent increase proposed by CEO Michael Walsh and maintain the current rate wihich was imposed in 2018.