Dáil Éireann Debate, Tuesday - 2 May 2017
482. Deputy Michael Healy-Rae asked the Minister for Housing, Planning, Community and Local Government the cost to the State of Irish Water since its establishment; and if he will make a statement on the matter. [20106/17]
View answerState funding provided to Irish Water since its establishment in 2014 has been in the form of operating subvention, capital contribution and replacement revenue as follows:
|
State Funding of Irish Water |
2014 €m |
2015 €m |
2016 €m |
|
Operating Subvention |
439 |
399 |
479 |
|
Capital Contribution |
239 |
222 |
184 |
|
Replacement Revenue (in lieu of the suspension of domestic water charges) |
- |
- |
123 |
|
Working Capital Loan (converted to subvention in light of the suspension of domestic water charges) |
- |
- |
50 |
|
Total |
678 |
621 |
836 |
In addition to the above, a grant of €0.57m was provided to Irish Water in 2013 to fund the cost of a pilot study in relation to Phase 2 of the Water Metering Programme which was targeted at metering those properties that were not meterable in the Phase 1 Programme.
Separately, loan finance has been provided to Irish Water by the National Pension Reserve Fund/Irish Strategic Investment Fund.
