The Annual Finance Statement of each local authority provides an analysis of their current and capital expenditure, including all water services provided by them, in addition to expenditure on the group water sector, private installations and public conveniences. As part of the programme to establish Irish Water, a detailed fact finding exercise is under way which will determine the public water services operational cost base to transfer to Irish Water from 2014.
Based on local authority budgets for 2012 and 2013, the estimated overall operational cost of public water services is some €680 million per annum.
In relation to capital expenditure, overall water services capital expenditure in 2012 is estimated at €394 millin, covering public water services, public waste water services and non-public water services such the group water sector. The Exchequer allocation for 2013 is €326 million, with a further €82 million expected to be invested by local authorities from their own resources.
The level of public funds to be provided to Irish Water for public water supply in 2014 will be determined as part of the budgetary process.