No State funding has been transferred to the local authorities in relation to the port transfers.
Following the transfers of the five Ports of Regional Significance to local authority control, where a port company transferred under the transfer of shareholding model, the company continues, as before, to fund all activities from its own resources. In the case of a port company that was dissolved and transferred directly under a local authority, it continues to generate income from port activities under the local authority.
The date and amount of each transfer is set out below.
Port Company Name
|
Local Authority
|
Date of Transfer
|
Funding transferred to Local Authority
|
Wicklow Port Company
|
Wicklow County Council
|
30th August 2016
|
Nil
|
Drogheda Port Company
|
Louth County Council
|
2nd October 2017
|
Nil
|
Dún Laoghaire Harbour Company
|
Dún Laoghaire Rathdown County Council
|
3rd October 2018
|
Nil
|
New Ross Port Company
|
Wexford County Council
|
1st August 2019
|
Nil
|
Galway Harbour Company
|
Galway City Council
|
1st January 2021
|
Nil
|
On an exceptional basis and due to potential environmental contamination, Exchequer funding of €93,328.54 was paid to Wexford County Council in 2020 in respect of the environmental clean-up of previously identified sites at New Ross.