Tuesday, 13 May 2014

Questions (469)

Mattie McGrath

Question:

469. Deputy Mattie McGrath asked the Minister for the Environment, Community and Local Government the exact levels of debt on local authority accounts for unfunded capital projects including land purchases and housing loans in south and north Tipperary; and if he will make a statement on the matter. [21298/14]

View answer

Written answers (Question to Environment)

In 2012 , the latest year for which audited information is available, loans payable by local authorities amounted to some €4.9bn. Information on unfunded capital projects, and loans outstanding in respect of land purchases is not available in my Department.

The information requested in respect of South Tipperary County Council and North Tipperary County Council, from Note 8 of the 2012 Annual Financial Statements, is set out in the table below.

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Loans Payable

Mortgage Loans

South Tipperary County Council

€68,027,034

€ 8,442,169

North Tipperary County Council

€49,640,649

€6,401,072