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Local Authority Banking Issues

Dáil Éireann Debate, Tuesday - 16 July 2013

Tuesday, 16 July 2013

Ceisteanna (831)

Aengus Ó Snodaigh

Ceist:

831. Deputy Aengus Ó Snodaigh asked the Minister for the Environment, Community and Local Government if he will provide details of bank overdrafts and the interest paid on these for individual local authorities for the years 2008, 2009, 2010, 2011 and 2012. [35298/13]

Amharc ar fhreagra

Freagraí scríofa

Local authority borrowing is subject to the provisions of the Local Government Act 2001; borrowing is a reserved function under Section 106 and requires the sanction of the appropriate Minister. Borrowing proposals, including overdrafts, must be submitted to the relevant Minister together with a resolution of the local authority members approving the proposed borrowing. The extent to which recourse to overdraft is used by local authorities for normal operational purposes is dependent on the relative timing of income receipts from their various revenue sources and expenditure in respect of their current and capital programmes. The year 2011 is the latest for which audited information is available. Information requested in respect of overdrafts, sourced from audited Annual Financial Statements, is set out in the following table.

Information in relation to the amount of overdraft interest paid by each local authority is not available in my Department.

-

2008

2009

2010

2011

-

Carlow County Council

1,136,620

4,164,593

2,538,060

0

Cavan County Council

3,685,516

1,688,788

2,048,699

0

Donegal County Council

33,440,470

23,773,495

16,589,309

8,025,491

Fingal County Council

2,840,169

0

0

63,356

Dún Laoghaire Rathdown County Council

0

2,496,063

0

0

Galway County Council

12,542,390

19,364,968

17,338,634

2,978,883

Kerry County Council

2,195,576

593,445

0

4,254,788

Kildare County Council

157,142

0

1,009,493

5,528,463

Kilkenny County Council

1,082,161

0

0

0

Laois County Council

4,421,467

11,228,681

5,377,506

0

Leitrim County Council

201,687

0

1,985,209

1,063,085

Limerick County Council

0

0

1,151

0

Longford County Council

2,294,044

0

1,375,574

3,221,987

Louth County Council

0

1,045,475

0

1,780,594

Mayo County Council

28,486,445

26,748,385

12,949,306

14,496,911

Monaghan County Council

4,035,035

592,905

969,868

170,540

North Tipperary County Council

644,770

22,474

1,700,978

202,253

Offaly County Council

0

0

87,992

1,395,496

Roscommon County Council

1,816,823

2,653,182

3,711,432

1,750,046

Sligo County Council

9,561,660

8,824,004

929,736

5,868,304

South Tipperary County Council

0

0

101,412

0

Waterford County Council

3,109,390

0

0

0

Wexford County Council

1,092,347

7,564,132

6,362,228

10,250,971

Wicklow County Council

0

4,738,291

15,403,388

11,029,208

Cork City Council

816,944

4,428,913

2,941,504

0

Dublin City Council

41,636,443

28,534,987

0

0

Galway City Council

0

0

464,085

0

Limerick City Council

0

0

1,279,876

0

Waterford City Council

725,871

0

848,998

5,489,653

Drogheda Borough Council

51,906

0

0

0

Arklow Town Council

0

159,697

1,314,249

552,955

Athlone Town Council

0

0

520,065

0

Ballinasloe Town Council

0

186,688

0

0

Bray Town Council

2,281,548

0

4,788,900

3,489,841

Carlow Town Council

251,078

0

286,066

0

Clones Town Council

745,502

386,683

0

0

Cobh Town Council

0

204,859

285,152

0

Dundalk Town Council

646,223

1,852,583

0

1,814,549

Dungarvan Town Council

3,993,324

4,777,558

4,016,224

4,668,111

Ennis Town Council

19,577

0

0

0

Kells Town Council

0

0

7,171

58,929

Killarney Town Council

91,973

274,216

0

0

Letterkenny Town Council

5,810,279

6,008,965

1,777,587

2,377,418

Monaghan Town Council

0

0

0

216,372

Navan Town Council

0

159,968

0

0

Templemore Town Council

22,861

9,230

0

0

Tralee Town Council

0

66,670

1,828,016

0

Trim Town Council

0

0

0

108,482

* The table shows only those Councils with overdraft balances in their Annual Financial Statements during the period specified in the question.

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