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Tag Archives: General Municipal Allocation (GMA)

‘Game-changing’ GMA is praised

OVER the past seven years, €1.5 million has been invested in the Killaloe Municipal District, thanks to revenues raised through the Local Property Tax (LPT). The funding, which is distributed through the General Municipal Allocation (GMA) to council members for allocation in the draft budgetary plan, was widely welcomed at the district meeting last week. Members were told that funding, distributed through the GMA, has supported a range of significant infrastructural projects across the Killaloe district since 2014. At the outset of the meeting, members were told the recommendation of the council’s executive was to leave the 2022 GMA at the same level as for 2021. Cathaoirleach of the district, Councillor Joe Cooney proposed the adoption of the GMA at the existing level. “The GMA is vital for the funding of all of the municipal districts of the county,” he said. “A lot has been achieved in the Killaloe area with the GMA over last few years. In rural parts …

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Higher rate of property tax retained for 2022

AN OVERWHELMING majority of members of Clare County Council have voted to leave the rate of Local Property Tax (LPT) for 2022 at 15% above the standard rate. Councillors have the power to increase or decrease the LPT by up to 15 per cent each year from the basic rate, which is calculated based on the value of a property. On the recommendation of Council Chief Executive Pat Dowling, members voted this week to retain the higher rate, with the aim of raising an additional €1.5m for the local authority. After a motion to leave the 15% hike in place was tabled by Councillor Pat Hayes and seconded by Councillor Joe Cooney, a bid to return to the standard rate was proposed by Councillor Gerry Flynn and seconded by Councillor Donna McGettigan. When put to the vote, 24 councillors were in favour of retaining the higher rate, two members were against and two were judged to be absent from the …

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