Dublin City Councillors have voted to lower Local Property Tax again despite concerns services may have to be cut to fill a hole in the budget.
The combination of inflation and rising energy costs is set to leave a €50 million gap in Dublin City Council's budget. Ireland's rate of inflation hit 9.1% in July - the highest level in 38 years - and energy customers were hit by price hikes this past weekend largely due to the Russian war in Ukraine.
Next year will be the first year that all of the LPT collected from Dublin will be given to DCC. Previously, the local authority only retained 80% of the revenue with 20% of it being spent in other local authorities across the country.
