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Dormant Accounts Fund Management

Dáil Éireann Debate, Tuesday - 18 September 2012

Tuesday, 18 September 2012

Ceisteanna (1062)

Éamon Ó Cuív

Ceist:

1062. Deputy Éamon Ó Cuív asked the Minister for the Environment; Community and Local Government if he intends running a module for flagship projects using dormant account funding similar to that delivered by the previous Government in view of the success of the previous round of funding; and if he will make a statement on the matter. [37857/12]

Amharc ar fhreagra

Freagraí scríofa

Disbursements on dormant accounts measures are paid in the first instance “up front” from Departmental Votes in the same way as with any other spending programme. Therefore, Government Departments have to source funding for dormant accounts programmes from their annual Exchequer allocations.

At a time of severe budgetary pressures, resulting in reduced allocations across all Departmental Votes, there is a need to prioritise and keep all existing funding programmes under review. I am prepared also to keep under review proposed new funding measures under the Dormant Accounts Fund, particularly in the context of improvement to the budgetary situation in future years.

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