Fianna Fáil is urging all Dublin City Councillors to retain the 15% reduction in property taxes.

The Fianna Fáil Leader on Dublin City Council Paul McAuliffe said the move is necessary to provide some relief to struggling homeowners at a time of high mortgage rates.

Speaking ahead of a meeting to be held later today Cllr McAuliffe urged all Dublin City Councillors to support the move.

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He said: "The revaluation process could see Dublin homeowners paying an extra €270 – €360 in property taxes. It's a deeply unfair system that sees the owners of much larger properties and of much greater means from outside Dublin paying far less than owners of very modest homes here in Dublin.

"Backing the retention of this 15% reduction is a small gesture that we, as public servants, can make to help ease the burden on Dublin homeowners who are stretched to their limit with a raft of new charges and increasing costs. It's the only move that has been left within the power of Councillors and I believe it is our duty to act on behalf of the Dublin homeowners that we represent."

(CD/LM)