Barry Cowen
Ceist:124. Deputy Barry Cowen asked the Minister for Finance the estimated payment to the Exchequer from the local government fund in 2018. [50362/17]
Amharc ar fhreagraTuesday, 28 November 2017
Ceisteanna (124)
Freagraí scríofa
The Water Services Act 2017 was enacted on 17 November 2017. Part 8, sections 54 to 59 relate to reform of the Local Government Fund (LGF) and give legislative effect to the change in funding sources from the LGF and the Central Fund arising from the Report of the Working Group on the Future Funding Model for Irish Water.
Additionally, Chapter 7, “Budgetary Reform” of the Economic and Fiscal Outlook publication, as part of Budget 2018, outlines the reform of the LGF, due to take effect from the 1st January 2018.
Following this reform there will no longer be any payments made from the LGF to the Exchequer.