Chamber Calls for Roll-Out of Dublin Bikes Scheme
Dublin Chamber is campaigning for the roll-out of the DublinBikes scheme across the Dublin City Council area. To fund the programme, the Chamber is calling on Councillors to consider a downward variation of 10% in Local Property Tax this year, rather than a 15% reduction. In its upcoming submission on the 2020 Local Property Tax, Dublin Chamber will argue that commercial rates have been used as a balancing item in local authority budgets for too long, and that a more modest LPT reduction next year would allow Dublin City to achieve tangible improvements to sustainable transport and the public realm.
For the past five years Dublin City councillors have voted to implement a 15% reduction in the Local Property Tax rate. This has reduced the amount of money that is available to spend in the city, delaying a number of much-needed projects including DublinBikes expansion. Limiting the LPT reduction to 10% would generate an additional €4m in revenue per annum, allowing for the development of 43 new stations across the city and the provision of an additional 290 bikes in 2020. Analysis carried out by Dublin Chamber, based on the cost of the most recent DublinBikes development in Grangegorman, indicates that additional €20m in revenue would be generated over the 5 year period, which would provide 214 new stations and an additional 1,430 bikes, effectively tripling the number of stations around the city from 116 currently to 330.
Speaking earlier this month, Dublin Chamber CEO Mary Rose Burke said: "DublinBikes is one of the most successful bike sharing schemes in the world. Given its huge success, it is disappointing that its continued expansion has been so slow. There are still far too many areas within an easily cyclable distance of the city centre where there is no access to DublinBikes. A complaint we hear regularly from businesses and residents in Dublin is that they do not know where their property taxes and commercial rates are spent. Ring-fencing LPT money for DublinBikes would provide the people of Dublin with a tangible way of seeing where their money is being spent - and in a way that will greatly benefit their lives.