Dáil Éireann Debate, Tuesday - 12 June 2018
1196. Deputy Jonathan O'Brien asked the Minister for Rural and Community Development his Department's capital allocation in each of the years 2019 to 2023; and the areas to which funds will be allocated in each of those years. [25577/18]
Amharc ar fhreagraThe Revised Estimates 2018 in respect of my Department set out a capital allocation of €88m in respect of my Department in 2018, supplemented by €7.7m in capital carryover from 2017.
The following table sets out programme capital expenditure in respect of 2018.
|
2018 Programme Allocation |
Allocation 000 |
|
A - RURAL DEVELOPMENT & REGIONAL AFFAIRS |
|
|
A.3 - DORMANT ACCOUNT MEASURES |
2,006 |
|
A.5 - NATIONAL RURAL DEVELOPMENT SCHEMES |
15,383 |
|
A.6 - LEADER - RURAL ECONOMY SUB PROGRAMME |
35,000 |
|
A.8 - TOWN AND VILLAGE REGENERATION |
15,000 |
|
A.9 - RURAL BROADBAND, REGIONAL ECONOMIC DEVELOPMENT |
600 |
|
A.10 - LOCAL IMPROVEMENT SCHEMES |
10,000 |
|
B - COMMUNITY DEVELOPMENT |
|
|
B.6 - RAPID |
3,767 |
|
B.8 - PROGRAMME FOR PEACE AND RECONCILIATION |
700 |
|
B.10 - LIBRARY DEVELOPMENT AND ARCHIVE SERVICE |
2,750 |
|
B.11 - COMMUNITY FACILITIES FUND |
2,000 |
Sectorial allocations in respect of 2019 and subsequent years will fall to be considered as part of the annual estimates process.
As recently announced, a new Rural Regeneration and Development Fund will also be established under my Department as part of Project Ireland 2040. This fund will invest an additional €1 billion in strengthening rural economies and communities over the next 10 years.
Additional investments under the Rural Regeneration and Development Fund will commence in 2019 and will ramp up incrementally over the first 4 years before reaching a steady level of investment. This will allow both increased activity under existing initiatives as well as the introduction of new investment initiatives under the Fund to be supported during this period.
My Department’s Capital allocation, to 2022, will be as follows: (this shows a doubling of investment between now and 2022):
|
2018 |
2019 |
2020 |
2021 |
2022** |
|
|
Total Capital Allocation (m) |
88* |
141 |
150 |
152 |
175 |
|
* 2018 + €7.7m Capital Carryover ** 2023 the Department's capital allocation in 2023 will be determined as part of the annual estimates process |
My Department is currently finalising arrangements for the detailed operation of the Rural Regeneration and Development Fund, and I will announce the details in late June following consultation with relevant Government colleagues.
