Dáil Éireann Debate, Wednesday - 11 July 2018
579. Deputy Barry Cowen asked the Minister for Housing, Planning and Local Government the specific reason for the underspend in gross voted expenditure of €22 million as outlined in Appendix V of the June 2018 fiscal monitor; the specific projects that have an underspend; the value of the underspend on each project; and if he will make a statement on the matter. [31309/18]
Amharc ar fhreagraProvision is made in my Department's Vote in 2018 for capital expenditure amounting to €1,631 million over the course of the year. The total such expenditure at the end of June was €517 million, which is €29 million (5%) less than was originally profiled for the first half of 2018. This is due primarily to variation between total expenditure on the Housing (€15 million) and Water Services (€10 million) Programmes, when compared with the overall pattern of expenditure by local authorities and Irish Water that was expected at the start of the year.
Minor timing differences in the submission of claims for payment can result in expenditure variations from one month to the next. I am satisfied that the full capital provision in my Department's Vote will be utilised in 2018.
