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Local Authority Finances

Dáil Éireann Debate, Tuesday - 13 November 2018

Tuesday, 13 November 2018

Questions (638)

Michael McGrath

Question:

638. Deputy Michael McGrath asked the Minister for Housing, Planning and Local Government the amount owed by each local authority in relation to various forms of borrowings; and if he will make a statement on the matter. [47075/18]

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Written answers

Section 106 of the Local Government Act 2001 sets the framework for borrowing by local authorities. Borrowing by a local authority is a reserved function of the elected members who have direct responsibility in law for all reserved functions of the authority.

The value of total loans outstanding by local authorities at the end of 2016 (the most recent year for which aggregated audited information is available) was €3. 858bn.

The total amount owed by each local authority, under each category of loan, is set out in the table.

Table detailing Loans payable by Local Authorities 31/12/2016

Mortgage loans

Non-Mortgage Loans

Local Authority

Asset/Grants

Revenue Funding

Bridging Finance

Recoupable

Shared Ownership – Rented Equity

Balance @ 31/12/2016

Carlow Co Co

11,286,450.58

7,029,765.28

0.00

5,300,300.00

15,711,911.22

722,634.07

40,051,061.15

Cavan Co Co

3,486,363.49

11,351,471.26

0.00

0.00

5,853,853.25

1,607,514.57

22,299,202.57

Clare Co Co

7,253,080.78

65,331,829.77

3,218,573.60

-0.48

11,369,462.21

4,292,477.15

91,465,423.03

Cork Co Co

22,388,372.00

43,020,923.00

0.00

28,380,682.00

47,212,691.00

4,238,853.00

145,241,521.00

Cork City Council

53,093,689.48

117,447,691.75

0.00

151,108,242.50

66,578,243.78

19,862,870.14

408,090,737.65

Donegal Co Co

18,344,833.25

58,712,362.90

0.00

1,903,830.51

40,328,169.67

7,813,041.02

127,102,237.35

Dublin City Council

164,804,349.00

8,486,488.00

0.00

73,872,753.00

240,211,083.00

68,615,229.00

555,989,902.00

Dún Laoghaire Rathdown Co Co

9,745,399.39

55,293,763.31

0.00

0.00

67,377,029.06

4,921,706.98

137,337,898.74

Fingal Co Co

121,255,583.70

76,984,387.71

0.00

58,692,968.91

111,194,981.35

6,371,037.99

374,498,959.66

Galway Co Co

12,781,083.40

37,302,261.59

0.00

5,004,809.88

14,757,342.04

661,980.50

70,507,477.41

Galway City Council

19,965,878.22

8,152,466.74

0.00

0.00

18,898,213.40

1,472,820.78

48,489,379.14

Kerry Co Co

8,541,418.00

49,226,814.95

0.00

857,663.98

19,802,973.98

2,753,222.81

81,182,093.72

Kildare Co Co

16,432,505.95

30,195,625.20

0.00

12,041,688.62

37,026,901.40

19,875,221.21

115,571,942.38

Kilkenny Co Co

32,424,055.68

13,735,552.94

182,376.08

0.00

5,362,027.94

3,930,368.40

55,634,381.04

Laois Co Co

46,864,123.99

8,274,370.35

0.00

11,674,867.50

32,419,472.06

11,078,676.54

110,311,510.44

Leitrim Co Co

467,677.83

1,548,563.68

0.00

0.00

5,338,257.55

168,700.02

7,523,199.08

Limerick Co Co

10,667,784.35

49,241,729.31

0.00

0.00

23,804,681.67

4,937,295.41

88,651,490.74

Longford Co Co

6,314,827.13

8,592,977.47

250,357.77

0.00

21,445,633.72

1,889,533.10

38,493,329.19

Louth Co Co

13,794,579.96

77,119,951.13

0.00

5,743,557.90

59,505,484.88

28,684.75

156,192,258.62

Mayo Co Co

36,553,996.83

59,167,902.08

0.00

6,504,480.44

29,445,937.18

993,442.35

132,665,758.88

Meath Co Co

15,350,899.12

53,357,229.90

0.00

0.00

12,014,285.15

3,285,439.19

84,007,853.36

Monaghan Co Co

12,067,289.93

2,686,134.43

0.00

0.00

6,710,116.67

711,086.92

22,174,627.95

Offaly Co Co

5,078,585.90

31,944,245.56

0.00

0.00

18,823,531.87

1,058,113.53

56,904,476.86

Roscommon Co Co

1,260,594.98

23,755,738.23

0.00

695,939.00

4,312,678.62

0.00

30,024,950.83

Sligo Co Co

11,561,905.42

59,383,441.00

11,999,999.98

0.00

17,226,456.36

3,733,401.99

103,905,204.75

South Dublin County Council

44,933,512.85

21,578,792.20

0.00

33,997,426.82

103,383,684.49

6,337,321.64

210,230,738.00

Tipperary Co Co

12,201,217.14

28,396,014.09

0.00

3,250,000.00

57,001,787.73

4,755,777.25

105,604,796.21

Waterford Co Co

32,974,286.45

51,533,509.70

8,293,995.86

6,103,513.00

28,798,715.05

10,745,465.86

138,449,485.92

Westmeath Co Co

24,130,014.75

42,595,817.00

0.00

11,558,763.00

892,000.00

1,417,121.99

80,593,716.74

Wexford Co Co

42,883,952.00

70,910,607.00

0.00

0.00

20,902,800.00

0.00

134,697,359.00

Wicklow Co Co

13,272,060.48

51,905,414.96

0.00

9,000,000.00

4,921,932.33

4,731,825.08

83,831,232.85

Total

832,180,372.03

1,224,263,842.49

23,945,303.29

425,691,486.58

1,148,632,338.63

203,010,863.24

3,857,724,206.26

Questions Nos. 639 and 640 answered with Question No. 600.
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