Dáil Éireann Debate, Wednesday - 4 May 2016
57. Deputy Eoin Ó Broin asked the Minister for Finance the borrowing restrictions in place for local authorities which wish to borrow money to exceed the social housing new build targets, as outlined in his Housing Strategy. [9042/16]
View answerThis is a matter for my colleague the Minister for Environment, Community and Local Government, Mr. Alan Kelly T.D. However I would draw the Deputy's attention to the Protocol for the control and monitoring of local authorities contribution to the General Government Balance included as Annex 4 of the Medium Term Budgetary Framework, which was published by my Department in July 2014.
The Protocol between the Department of Environment, Community and Local Government and the Department of Public Expenditure and Reform covers capital account controls, control of non-mortgage borrowing and overdrafts.
