COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL

MEETING OF SOUTH DUBLIN COUNTY COUNCIL

Monday, February 12, 2018

QUESTION NO.22

QUESTION: Councillor F. Timmons

To provide a report on a Vacant site levy and how much this would bring in for revenue for SDCC and how it could be introduced ? 

REPLY:

The vacant site levy comes into force in 2019, whereby a levy at a rate of 3% of the market value of all sites on the vacant site register will be applied. As it stands, 7 sites are currently on South Dublin County Council’s vacant site register, with a collective market value of €7.075m, which would generate an expected annual return of €212,250.

Notwithstanding the above, it is premature to give an accurate estimation of expected revenue generation, as the assessment of potential sites for inclusion on the vacant site register is ongoing; whilst some of the sites currently on the register may be removed from the register at the time of the application of the levy, depending on their construction status and development progress. In addition, it should also be noted that land owners may appeal against the market valuation of the site as determined by the Local Authority to the Valuation Tribunal, hence, the anticipated financial return from the levy may be subject to change.

With the above in mind, South Dublin County Council will not be in a position to give an accurate forecast of the expected revenue to be generated from the vacant site levy until closer to the time of its application to all sites on the vacant site register in 2019.