10 Mr. Stanton asked the Minister for the Environment Heritage and Local Government if his attention has been drawn to the fact that an average of ?1 in every ?4 of local authority budgets comes from commercial rates and that over the past decade the average cumulative increase in commercial rates has been almost double that of inflation; the areas from which the funding will be found to pay for the cost of benchmarking to local authorities, which will be approximately ?160 million in 2004 and ?220 million in 2005, since there is no correlation between the amount of rates levied and the profitability of a business; and the areas in which he expects local authorities to get that money. [23478/03]

Summary

10 Mr. Stanton asked the Minister for the Environment Heritage and Local Government if his attention has been drawn to the fact that an average of ?1 in every ?4 of local authority budgets comes from commercial rates and that over the past decade the average cumulative increase in commercial rates has been almost double that of inflation; the areas from which the funding will be found to pay for the cost of benchmarking to local authorities, which will be approximately ?160 million in 2004 and ?220 million in 2005, since there is no correlation between the amount of rates levied and the profitability of a business; and the areas in which he expects local authorities to get that money. [23478/03]

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• Adjournment Debate. - Local Authority Funding.

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