COMHAIRLE CONTAE ÁTHA CLIATH THEAS
SOUTH DUBLIN COUNTY COUNCIL
MEETING OF SOUTH DUBLIN COUNTY COUNCIL
Monday, March 10, 2025
QUESTION NO. 2
QUESTION: Councillor D. Adelaide
To ask the Chief Executive to provide a report on the Annual Rate of Valuation used to calculate commercial rates for each year between 2006-2025 inclusive.
REPLY:
To ask the Chief Executive to provide a report on the Annual Rate of Valuation used to calculate commercial rates for each year between 2006-2025 inclusive.
The total income from Rates is calculated as follows:
Total Expenditure (2025) €391,942,200
Less income from Grants, Goods & Services & LPT €238,772,000
Rates to be Levied €153,170,200
The amount of Rates to be levied is divided by the Valuation for the County, which is determined by Tailte Eireann, and this determines the Annual Rate on Valuation (ARV). The Annual Rate of Valuation is decided by the Elected Members of the Council at its Annual Budget meeting. Details of this calculation are provided in “Table A” of the budget book for each year
The Annual Rate of Valuation for SDCC from 2006-2025 was calculated as follows:
|
Year |
Total Expenditure |
Income - Grants, G&S, LPT |
Rates to be levied |
County Valuation |
ARV |
Revaluation Year |
|
2006 |
269,775,900 |
165,972,400 |
103,803,500 |
1,550,000 |
66.970 |
|
|
2007 |
309,227,200 |
195,071,560 |
114,155,640 |
1,643,000 |
69.480 |
|
|
2008 |
285,782,100 |
166,140,600 |
119,641,500 |
725,100,000 |
0.165 |
Revaluation |
|
2009 |
284,254,700 |
162,452,900 |
121,801,800 |
713,229,900 |
0.171 |
|
|
2010 |
254,725,000 |
130,310,000 |
124,415,000 |
745,000,000 |
0.167 |
|
|
2011 |
249,016,300 |
124,018,300 |
124,998,000 |
753,000,000 |
0.166 |
|
|
2012 |
236,978,600 |
114,182,600 |
122,796,000 |
758,000,000 |
0.162 |
|
|
2013 |
230,552,600 |
107,918,600 |
122,634,000 |
757,000,000 |
0.162 |
|
|
2014 |
217,322,200 |
94,526,200 |
122,796,000 |
758,000,000 |
0.162 |
|
|
2015 |
219,295,300 |
96,288,700 |
123,006,600 |
759,300,000 |
0.162 |
|
|
2016 |
225,453,700 |
107,290,900 |
118,162,800 |
729,400,000 |
0.162 |
|
|
2017 |
227,992,900 |
110,874,000 |
117,118,900 |
722,956,200 |
0.162 |
|
|
2018 |
232,431,300 |
110,731,900 |
121,699,400 |
445,784,434 |
0.273 |
Revaluation |
|
2019 |
242,865,600 |
119,951,200 |
122,914,400 |
445,342,143 |
0.276 |
|
|
2020 |
255,755,400 |
124,248,100 |
131,507,300 |
476,475,700 |
0.276 |
|
|
2021 |
268,019,900 |
136,245,900 |
131,774,000 |
477,442,201 |
0.276 |
|
|
2022 |
281,713,700 |
141,918,100 |
139,795,600 |
506,505,670 |
0.276 |
|
|
2023 |
306,070,600 |
162,785,200 |
143,285,400 |
519,149,936 |
0.276 |
|
|
2024 |
338,321,100 |
192,888,600 |
145,432,500 |
526,929,419 |
0.276 |
|
|
2025 |
391,942,200 |
238,772,000 |
153,170,200 |
554,964,348 |
0.276 |
|
Revaluation is a national programme to systematically modernise the rateable valuation of all commercial and industrial property in the County, by reflecting modern rental values and contemporary market conditions, thereby improving the transparency of the local authority rating system. South Dublin County had County Revaluations is 2008 and 2018.