Brian Stanley
Question:186. Deputy Brian Stanley asked the Minister for the Environment, Community and Local Government the total sum of loans currently owed by local authorities. [37392/14]
View answerWednesday, 1 October 2014
Questions (186)
Written answers
It is a matter for each local authority to manage its own finances in a prudent and sustainable manner. Under the Local Government Act 2001, a decision to borrow money is a reserved function of the elected members of a local authority. Section 106 of the Act determines that local authorities must obtain the consent of the appropriate Minister to undertake borrowing. Local authorities are asked, as an essential pre-condition to borrowing, to ensure that they achieve balanced revenue and capital accounts.
The total loans payable are taken from the latest audited Annual Financial Statements of all 88 County, City, Borough and Town Councils, which are for 2012. These have been amalgamated in the following table to reflect the new 31 local authority structure.
|
Local Authority |
Loans 2012 € |
|
Carlow County Council |
49,818,117 |
|
Cavan County Council |
23,398,461 |
|
Clare County Council |
131,038,189 |
|
Cork County Council |
506,457,376 |
|
Donegal County Council |
180,950,134 |
|
Fingal County Council |
447,409,384 |
|
D.Laoire/Rathdown County Council |
163,457,311 |
|
Galway County Council |
113,998,829 |
|
Kerry County Council |
112,058,794 |
|
Kildare County Council |
154,417,658 |
|
Kilkenny County Council |
52,094,200 |
|
Laois County Council |
125,995,507 |
|
Leitrim County Council |
13,956,169 |
|
Limerick County Council |
80,805,019 |
|
Longford County Council |
51,707,526 |
|
Louth County Council |
150,497,837 |
|
Mayo County Council |
142,716,961 |
|
Meath County Council |
97,794,265 |
|
Monaghan County Council |
31,485,037 |
|
Tipperary County Council |
125,446,781 |
|
Offaly County Council |
70,982,809 |
|
Roscommon County Council |
26,010,553 |
|
Sligo County Council |
118,235,850 |
|
South Dublin County Council |
240,862,951 |
|
Waterford County Council |
139,164,069 |
|
Westmeath County Council |
111,174,546 |
|
Wexford County Council |
162,968,201 |
|
Wicklow County Council |
124,284,945 |
|
Cork City Council |
171,161,952 |
|
Dublin City Council |
876,746,153 |
|
Galway City Council |
105,446,566 |
|
Total |
4,902,542,150 |
Question No. 187 answered with Question No. 184.