80% of money raised by Local Property Tax next year will be retained locally, to fund vital public services.
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The Government has decided that no local authority will be worse off in 2016 compared to this year.
The remaining 20% will be re-distributed to provide top-up funding to certain local authority areas that have lower property tax bases.
Councillors have again been given the power to decide whether to increase or decrease LPT rates – for 2015, the rate in Clare was cut by the maximum 15%, though some of the money raised here was funnelled into other areas.