Local authority borrowing is subject to the provisions of the Local Government Act 2001; borrowing is a reserved function under Section 106 and requires the sanction of the appropriate Minister. Borrowing proposals, including overdrafts, must be submitted to the relevant Minister together with a resolution of the local authority members approving the proposed borrowing. The extent to which recourse to overdraft is used by local authorities for normal operational purposes is dependent on the relative timing of income receipts from their various revenue sources and expenditure in respect of their current and capital programmes. The year 2011 is the latest for which audited information is available. Information requested in respect of overdrafts, sourced from audited Annual Financial Statements, is set out in the following table.
Information in relation to the amount of overdraft interest paid by each local authority is not available in my Department.
-
|
2008
|
2009
|
2010
|
2011
|
-
|
€
|
€
|
€
|
€
|
Carlow County Council
|
1,136,620
|
4,164,593
|
2,538,060
|
0
|
Cavan County Council
|
3,685,516
|
1,688,788
|
2,048,699
|
0
|
Donegal County Council
|
33,440,470
|
23,773,495
|
16,589,309
|
8,025,491
|
Fingal County Council
|
2,840,169
|
0
|
0
|
63,356
|
Dún Laoghaire Rathdown County Council
|
0
|
2,496,063
|
0
|
0
|
Galway County Council
|
12,542,390
|
19,364,968
|
17,338,634
|
2,978,883
|
Kerry County Council
|
2,195,576
|
593,445
|
0
|
4,254,788
|
Kildare County Council
|
157,142
|
0
|
1,009,493
|
5,528,463
|
Kilkenny County Council
|
1,082,161
|
0
|
0
|
0
|
Laois County Council
|
4,421,467
|
11,228,681
|
5,377,506
|
0
|
Leitrim County Council
|
201,687
|
0
|
1,985,209
|
1,063,085
|
Limerick County Council
|
0
|
0
|
1,151
|
0
|
Longford County Council
|
2,294,044
|
0
|
1,375,574
|
3,221,987
|
Louth County Council
|
0
|
1,045,475
|
0
|
1,780,594
|
Mayo County Council
|
28,486,445
|
26,748,385
|
12,949,306
|
14,496,911
|
Monaghan County Council
|
4,035,035
|
592,905
|
969,868
|
170,540
|
North Tipperary County Council
|
644,770
|
22,474
|
1,700,978
|
202,253
|
Offaly County Council
|
0
|
0
|
87,992
|
1,395,496
|
Roscommon County Council
|
1,816,823
|
2,653,182
|
3,711,432
|
1,750,046
|
Sligo County Council
|
9,561,660
|
8,824,004
|
929,736
|
5,868,304
|
South Tipperary County Council
|
0
|
0
|
101,412
|
0
|
Waterford County Council
|
3,109,390
|
0
|
0
|
0
|
Wexford County Council
|
1,092,347
|
7,564,132
|
6,362,228
|
10,250,971
|
Wicklow County Council
|
0
|
4,738,291
|
15,403,388
|
11,029,208
|
Cork City Council
|
816,944
|
4,428,913
|
2,941,504
|
0
|
Dublin City Council
|
41,636,443
|
28,534,987
|
0
|
0
|
Galway City Council
|
0
|
0
|
464,085
|
0
|
Limerick City Council
|
0
|
0
|
1,279,876
|
0
|
Waterford City Council
|
725,871
|
0
|
848,998
|
5,489,653
|
Drogheda Borough Council
|
51,906
|
0
|
0
|
0
|
Arklow Town Council
|
0
|
159,697
|
1,314,249
|
552,955
|
Athlone Town Council
|
0
|
0
|
520,065
|
0
|
Ballinasloe Town Council
|
0
|
186,688
|
0
|
0
|
Bray Town Council
|
2,281,548
|
0
|
4,788,900
|
3,489,841
|
Carlow Town Council
|
251,078
|
0
|
286,066
|
0
|
Clones Town Council
|
745,502
|
386,683
|
0
|
0
|
Cobh Town Council
|
0
|
204,859
|
285,152
|
0
|
Dundalk Town Council
|
646,223
|
1,852,583
|
0
|
1,814,549
|
Dungarvan Town Council
|
3,993,324
|
4,777,558
|
4,016,224
|
4,668,111
|
Ennis Town Council
|
19,577
|
0
|
0
|
0
|
Kells Town Council
|
0
|
0
|
7,171
|
58,929
|
Killarney Town Council
|
91,973
|
274,216
|
0
|
0
|
Letterkenny Town Council
|
5,810,279
|
6,008,965
|
1,777,587
|
2,377,418
|
Monaghan Town Council
|
0
|
0
|
0
|
216,372
|
Navan Town Council
|
0
|
159,968
|
0
|
0
|
Templemore Town Council
|
22,861
|
9,230
|
0
|
0
|
Tralee Town Council
|
0
|
66,670
|
1,828,016
|
0
|
Trim Town Council
|
0
|
0
|
0
|
108,482
|
* The table shows only those Councils with overdraft balances in their Annual Financial Statements during the period specified in the question.