My Department’s gross allocation for 2014 is €1.67bn. This represents a 2% reduction on the 2013 allocation. As set out in tabular form in the Department of Public Expenditure and Reform's 2014 Expenditure Report, €72m is the full year impact of cuts on the gross current expenditure side of my Department's Vote and this is in line with commitments made in the 2011-2014 Comprehensive Review of Expenditure. I expect this overall reduction will be met by year end.
My capital allocation increased by 3% from €950m to €982.5, mainly by virtue of the Stimulus funding announced in Budget 2014. I expect this will be increased further by virtue of the Stimulus funding announced in May and additional allocations for Storm damage as agreed by Government earlier this year. I expect these additional allocations, once approved by the Dail, will increase my Department's capital spend this year by a further €37m.