208. Deputy Maurice Quinlivan asked the Minister for the Environment, Community and Local Government if he is concerned that the companies which received downward revaluations were all highly profitable companies (details supplied) and that now small business, many of which are still struggling, could be facing hikes to their rates to compensate for the downward revaluation of many profitable companies or alternatively councils may be forced to cut back on expenditure to compensate for the loss, in relation to the impact of the 2015 global valuations on council budgets; and if he will make a statement on the matter. [18330/16]

Summary

208. Deputy Maurice Quinlivan asked the Minister for the Environment, Community and Local Government if he is concerned that the companies which received downward revaluations were all highly profitable companies (details supplied) and that now small business, many of which are still struggling, could be facing hikes to their rates to compensate for the downward revaluation of many profitable companies or alternatively councils may be forced to cut back on expenditure to compensate for the loss, in relation to the impact of the 2015 global valuations on council budgets; and if he will make a statement on the matter. [18330/16]

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Timeline

1. 28 June 2016

   Local Authority Funding

   208. Deputy Maurice Quinlivan asked the Minister for the Environment, Community and Local Government if he is concerned that the companies which received downward revaluations were all highly profitable companies (details supplied) and that now small business, many of which are still struggling, could be facing hikes to their rates to compensate for the downward revaluation of many profitable companies or alternatively councils may be forced to cut back on expenditure to compensate for the loss, in relation to the impact of the 2015 global valuations on council budgets; and if he will make a statement on the matter. [18330/16]

   Source: written

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• Local Authority Funding

  xml · EN · 28 June 2016

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Sponsors

• Quinlivan, Maurice. · Asking member
• Environment · Environment · Addressed to

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