SANDYFORD BUSINESS DISTRICT ASSOCIATION

 

SBDA Calls for Realistic 5% Reduction in Commercial Rates

 

"Ratepayers Cannot Continue to be the Fall Guy"

On behalf of its members, SBDA is once again urging both the executive and councillors of Dun Laoghaire Rathdown County Council to return commercial rates to the levels expected and budgeted for after the revaluation process last year. This follows last year's shock increase of 3% above the estimated Local Authority Multiplier (ARV).

In addition to this, SBDA is lobbying for a further reduction of 2% to reflect the commercial reality within which business are currently operating.

"Everyone is squeezed very badly at the moment", commented SBDA Chairman, Jim Leyden, " All of us in business are having to review our cost base and cut our cloth accordingly. The local authority should be no different."

"We all appreciate that the council has services which they must provide, but instead of addressing the reasons for increased costs in those areas, their solution always seems to be to make the business community pay more. That is neither realistic nor sustainable in the current economic climate."

Businesses already feeling the pressure, were further burdened by an unexpected rates increase last year, which was a full 3% higher than what had been estimated after the Revaluation was completed in Dun Laoghaire Rathdown. With the level of rates bills fast catching up on rent levels, an increase of such magnitude was not viable for many businesses. "We all know that growth and jobs are the key to turning our economy around," concluded Leyden, "Increasing rates to unsustainable levels is anti-growth and anti-jobs; in the end it's also short sighted and counterproductive, as businesses will inevitably fold under the pressure, taking them out of the rates net altogether."

"The Council must see sense on this issue, and reduce rates bills to realistic and sustainable levels".
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