The table shows expenditure on 2014-2020 RDP in the years 2014, 2015 and 2016
|
2014
|
2015
|
2016
|
|
Expenditure
|
Expenditure
|
Expenditure
|
|
Vote Total
|
Vote Total
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Vote Total
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Gross voted allocation after supplementary estimates
|
430,635,000
|
430,994,000
|
513,015,800
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Total Expenditure
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396,870,447
|
367,654,660
|
422,944,328
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Amount of allocation not spent in year
|
33,764,533
|
63,339,340
|
90,071,472
|
The table shows the total voted allocation for schemes which are part of the Rural Development Programme 2014-2020. EU support for the RDP via the EAFRD amounts to an aggregate sum of €2.19 billion over the 7 year programme lifespan. This EU funding is supplemented by exchequer funding bringing the total allocation to some €4 billion. While expenditure for some demand-led schemes did not occur as originally programmed, much of this expenditure will arise at a later stage of implementation of these schemes. As is often the case with multi-annual programmes, drawdown can vary from year to year and expenditure is simply a matter of timing. The full level of funding is expected to be achieved.
With regard to 2017, the total voted allocation of RDP schemes is €605m. The majority of expenditure for nearly all RDP schemes takes place during the final quarter of the year and very substantial further expenditure will take place over the coming months particularly in GLAS, BDGP, Knowledge Transfer and TAMS. The final outturn for 2017 will be known at that point.