As the Deputy is aware, my decision to reduce the VEC allocation for 2013 took account of the capacity of VECs to utilise cash balances on a once off basis. The balance in each VEC will be taken into consideration when the individual budget for each VEC is determined in the New Year.
Details of the deposit balances in each VEC as of 30th September 2012, the most recent date for which information is available, are here for the information of the Deputy. The balances do not take into account any financial liabilities which were held by the VECs on that date.
VEC Deposit Balances as of 30th September 2012 (Ref PQ 56624 18-12-12)
|
VEC
|
Balance on Deposit
|
|
City of Cork
|
€9,766,659.00
|
|
City of Dublin
|
€59,000,000.00
|
|
City of Limerick
|
€635,184.00
|
|
City of Waterford
|
€2,400,000.00
|
|
Dun Laoghaire
|
€4,009,590.00
|
|
City of Galway
|
€4,668,714.00
|
|
Co Carlow
|
€2,925,123.00
|
|
Co Cavan
|
€2,000,000.00
|
|
Co Clare
|
€3,129,745.00
|
|
Co Cork
|
€11,776,611.00
|
|
Co Donegal
|
€8,500,000.00
|
|
Co Dublin
|
€16,869,609.00
|
|
Co Galway
|
€4,668,714.00
|
|
Co Kerry
|
€5,000,000.00
|
|
Co Kildare
|
€6,213,593.00
|
|
Co Kilkenny
|
€4,323,159.00
|
|
Co Laois
|
€2,088,725.00
|
|
Co Leitrim
|
€250,000.00
|
|
Co Limerick
|
€5,144,118.00
|
|
Co Longford
|
€1,956,232.00
|
|
Co Louth
|
€5,280,145.28
|
|
Co Mayo
|
€6,534,526.00
|
|
Co Meath
|
€5,249,930.00
|
|
Co Monaghan
|
€5,273,041.00
|
|
Co Offaly
|
€2,843,318.69
|
|
Co Roscommon
|
€2,500,782.00
|
|
Co Sligo
|
€3,280,293.00
|
|
Co Tipperary (NR)
|
€4,566,512.00
|
|
Co Tipperary (SR)
|
€3,304,622.00
|
|
Co Waterford
|
€2,327,359.00
|
|
Co Westmeath
|
€3,140,776.09
|
|
Co Wexford
|
€4,563,650.00
|
|
Co Wicklow
|
€7,636,040.00
|
|
Total
|
€211,826,771
|
