asked the Minister for Transport and Power if he will furnish in respect of (a) Dublin Airport (b) Shannon Airport, and (c) Cork Airport for each of the past ten years the annual cost of airport development, including buildings, distinguishing between expenditure defrayed from the revenue of the air companies, repayable capital advances from Exchequer sources and non-repayable capital advances from Exchequer sources.
Written Answers. - Cost of Airport Development.
The latest financial year for which the information sought by the Deputy is available is 1964-65.
Expenditure on airport development, including buildings, is met from voted moneys. No part of this expenditure is repayable to the Exchequer. A statement is attached showing the annual capital expenditure by the State on the three State Airports for each of the ten years up to 1964-65. Interest, at the notional rate of 5 per cent, on this capital expenditure is provided for in the Statement of Expenditure and Revenue in respect of State Airports which is included in the published Appropriation Accounts.
Following is the statement:
STATEMENT showing the annual capital expenditure by the State on the three State Airports for the ten years 1955-56 to 1964-65.
Year |
Shannon |
Dublin |
Cork |
£ |
£ |
£ |
|
1955-56 |
88,000 |
54,000 |
— |
1956-57 |
116,000 |
90,000 |
— |
1957-58 |
108,000 |
85,000 |
— |
1958-59 |
312,000 |
204,000 |
77,000 |
1959-60 |
805,000 |
142,000 |
24,000 |
1960-61 |
478,000 |
275,000 |
356,000 |
1961-62 |
314,000 |
350,000 |
659,000 |
1962-63 |
343,000 |
500,000 |
136,000 |
1963-64 |
186,000 |
358,000 |
66,000 |
1964-65 |
216,000 |
310,000 |
60,000 |
Totals |
£2,966,000 |
£2,368,000 |
£1,378,000 |
NOTE: All the above expenditure was met from voted moneys and no part of it is repayable to the Exchequer.