asked the Minister for Local Government if he will state the amount of capital expended by Cork and Dublin Corporations, respectively, for the three financial years ended 31st March last, the estimated expenditure for 1958-59 and the source from whence the respective corporations provided such capital.
Written Answers. - Capital Expenditure by Corporations.
Following is the information:—
CAPITAL EXPENDITURE
1955-56 |
1956-57 |
1957-58 |
1958-59 |
||||
Expenditure |
Source |
Expenditure |
Source |
Expenditure |
Source |
Estimated Expenditure |
|
£ |
£ |
£ |
£ |
||||
Cork Corporation |
884,670 |
Bank Overdraft Stock issue. |
866,021 |
Bank Overdraft Local Loans fund. |
692,421 |
Bank Overdraft Local Loans fund. |
687,000* |
Dublin Corporation |
4,900,269 |
Bank Overdraft Local Loans Fund Stock Issue. |
4,379,806 |
Local Loans Fund Loan from Irish Assurance Company. |
2,635,865 |
Bank Overdraft Local Loans Fund |
2,777,000 |
* Recently proposed by Corporation to be revised to £727,500.