Majority of Property tax collected in Carlow and Kilkenny will stay local

The majority of Property tax collected in Carlow and Kilkenny will now stay within the two counties.

In total €5.35m will be collected in Carlow and €9.36m in Kilkenny.

Of that amount, almost €9m will be retained locally in 2016.

In Carlow the amount that’s going to be retained in 2016 will be €3.08m while in Kilkenny the amount is almost twice that at €5.84.

The government has also announced that local authorities will have increased discretion as to how they use a portion of the increased funding.