Fair Funding for Dublin
Analysis by Dublin Chamber shows that, far from being a favoured location for Government investment as is often thought, Dublin receives far less than it deserves on a per person basis. In fact, Dublin received the second lowest level of capital investment per head from central government of any county from 2009-2016.
The Chamber has called on Government to recognise the urgent need to allow the capital city to reinvest locally generated revenue, both to improve local services and local infrastructure. We have long argued that Local Property Tax which is raised locally should be spent locally. This will be vital to address the underfunding issues in Dublin, and to improve popular ‘buy-in’ of local government.
Dublin Chamber also warned against making ‘income generating capacity’ from commercial rates a factor for allocating funding to local authorities. Adopting this criterion, would almost certainly lead to a decline in funding for Irish cities, and would encourage local Councils to raise commercial rates. Dublin Chamber’s submission was received by the Department earlier this month.