Rates

Rates

Rates are a local property tax and the income is used to part-fund the annual day-to-day maintenance and provision of all services provided by Monaghan County Council. Rates are payable on commercial properties which have been valued by the Commissioner of Valuations (Valuation Office in Dublin).

What is the ‘Annual Rate on Valuation’ and how is it calculated?

The Elected Members of the Council determine the ‘Annual Rate on Valuation’ at the Budget Meeting each year. The Annual Rate on Valuation is determined by reference to the total shortfall in Council income, divided by the cumulative total of all valuations of rateable premises in the County (known as the Net Effective Valuation). Monaghan County Council expenditure is part-funded by government grants and income from goods and services. The shortfall between expenditure and income is funded from Commercial Rates.

The Annual Rate on Valuation for Monaghan County Council (including the former Town Council rating areas) is €58.76. In accordance with Section 29 of the Local Government Reform Act 2014 the Base Year Adjustments are to be applied for the local financial year ending on the 31st December 2016 in the following manner. The Base Year Adjustment (BYA) in Column 2 of the table below, shall be applied as either a discount or levy (as the case may be) to rates bills to be issued to ratepayers in the specified area identified in Column 1 of the table below:-

Column 1 (Former Rating Area) Column 2 (Base Year Adjustment BYA)
Monaghan County -2.56
Carrickmacross Town Council +0.97
Castleblayney Town Council -2.71
Clones Town Council -0.53
Monaghan Town Council +7.14

Rates are used to fund various services such as Housing, Roads, Environmental Services and Recreation & Amenity.

Rates can be paid at the County Council or at each of the Municipal District Offices in the following ways

Cash/Cheque/Postal Order

VisaDebit/Credit Card

Direct Debit

Standing Order

Section 32 FAQs

Section 32 Application Form – Word Format

Section 32 Application Form – PDF Format

If you wish to pay your rates by direct debit you can download the forms below. Please nope the standing order form should be returned to your bank and the direct debit form should be returned to Monaghan County Council.

Standing Order – Word Format

Direct Debit – Word Format