The table below shows the capital allocations on sub head basis for 2019 as per the 2019 Revised Estimates Volume, and actual expenditure to end May 2019:
|
2019 Subhead
|
Sub-head Name and component schemes
|
REV 2019 Allocation €000
|
Actual Spend Jan-May 2019 €000
|
|
AB
|
Administration Budget: Capital (includes IMT equipment , Office Machinery, Laboratory,)
|
5,800
|
986
|
|
A3
|
Food Safety, Animal Health
|
720
|
0
|
|
B.3
|
Agri-Environmental Schemes (Traditional Buildings Scheme)
|
1,250
|
0
|
|
B.5
|
Development of Agriculture & Food (Farm grants)
(Includes TAMS, Horticulture Industry, Organic Sector Development )
|
77,530
|
34,016
|
|
B.6
|
Beef Sustainability Schemes (inc BEEP)
|
1,150
|
0
|
|
B.10
|
Forestry (includes €22m carryover from 2018 not shown in REV)
|
100,179
|
68,072
|
|
B.12
|
Other Farm Schemes
|
500
|
0
|
|
C.4
|
Development and Promotion of Agriculture & Food (non- farm) includes Food Industry Investment & Prepared Consumer Food Centre
|
13,630
|
2,165
|
|
C.5
|
Teagasc
|
9,150
|
800
|
|
C.7
|
Horse and Greyhound Racing Fund
|
11,144
|
6,000
|
|
C.11
|
Other: Restoration Johnstown Castle
|
520
|
520
|
|
D.3
|
Fisheries includes Fisheries Harbour Centre & Seafood Development Programme
|
28,427
|
3,674
|
|
D.4
|
Marine Institute
|
12,000
|
3,400
|
|
D.5
|
Bord Iascaigh Mhara
|
12,100
|
1,750
|
|
D.6
|
Sea Fisheries Protection Authority
|
400
|
95
|
|
D.7
|
Haulbowline Remediation
|
2,500
|
556
|
|
|
Total 2019 Capital
|
277,000
|
122,034
|
Subhead allocations are voted on an annual rather than on a monthly or quarterly basis, so excess or underspend can only be definitively declared at the year end. By the end of May 2019, 44% of my department’s capital allocation had been expended, though as shown by the table above, the portion of the full allocation spent in that period varies from subhead to subhead.
Expenditure is monitored constantly against indicative monthly subhead profiles, and, in that regard, expenditure in TAMS is ahead of profile by approximately €4m while expenditure in the Forestry is behind profile by almost the same amount. Expenditure in such demand-led schemes, which comprise the majority of my department’s voted capital, is driven largely by submission of payment claims by eligible participants, the timing of which can vary from year-to-year as circumstances change. This makes profiling more complicated and performance against profile at this point of the year is not necessarily the ideal predictor of the likely outturn although it does give a general indication of financial trends.
My Department will continue to manage its voted resources to obtain the best possible outturn for the year.
