Dáil Éireann Debate, Tuesday - 23 June 2020
899. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government if he will provide an itemised breakdown of the capital expenditure by the Land Development Agency in 2018, 2019 and to date in 2020. [12274/20]
View answerThe LDA was established on an interim basis in September 2018, by way of an Establishment Order made under the Local Government Services (Corporate Bodies Act) 1971, pending the enactment of primary legislation when it will be established as a commercial State agency.
At present, funding is provided to the LDA through my Department's Vote to meet its operational costs as well as initial capital funding in relation to the development of its projects. Details of the capital expenditure for the years 2018, 2019 and 2020 (to date) is set out in the table below. There was not a significant drawdown of capital expenditure in 2018 and 2019 as their projects were at the initial pre-planning stages. It is expected that capital expenditure will increase this year as further pre-construction work is undertaken on sites. The capital funding to date has been used by the LDA to undertake pre-construction works in relation to their sites, including feasibility appraisal and master-planning. The details of this expenditure is an operational matter for the LDA.
|
Year |
LDA Capital Expenditure€ |
|
2018 |
n/a |
|
2019 |
467,000 |
|
2020 (to date) |
2,100,000 |
As with all State bodies operating under the aegis of my Department, arrangements have been put in place by the LDA through which Oireachtas members can request information directly from the Agency in relation to operational matters - in this regard, the LDA may be contacted directly at oireachtas@lda.ie for detailed information in relation to their expenditure.
