All State funding for regional and county roads is paid from the Exchequer. European Regional Development Fund assistance is remitted to the Exchequer at an aid rate of 50 per cent for the EU co-financed scheme of specific improvement grants for projects which promote employment and economic activity. There were no grants to any local authority under the INTERREG II Programme in 1994 since the initiative was not approved until February of this year.
The following table shows the amount of funding provided in 1994 to Cavan and Monaghan County Councils for maintenance and improvement works on non-national roads and the contributions from the local authorities' own resources for these purposes.