Leitrim County Council raises Local Property Tax 10% for Capital Investment Plan

Leitrim County Council has approved a 10 % rise in the Local Property Tax to fund its Strategic Capital Investment Plan. The decision, announced on the council’s website, will see the tax increase by almost €10 for many property owners in the county. The additional revenue is earmarked for the council’s capital investment programme, which includes a focus on housing. According to a report in the Irish Times, councils must spend all excess Local Property Tax cash on housing under the new plan, underscoring the priority given to residential development and improvement.

The move follows a broader trend of local authorities seeking to raise funds for infrastructure and community projects. While the council has not yet detailed the specific projects that will benefit from the new tax, the Strategic Capital Investment Plan is intended to support a range of capital works across County Leitrim. The 10 % increase is part of the council’s strategy to secure the necessary funding for these initiatives without relying on external grants or borrowing.

The decision has been welcomed by local residents who see the investment as a way to improve services and facilities in the area. However, the exact timing of the tax increase and the full scope of the capital projects remain to be confirmed. The council will likely publish further details in the coming months.

For more information, see the Leitrim County Council website and the Irish Independent article on the tax rise.

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