Dáil Éireann Debate, Tuesday - 5 November 2019
1116. Deputy Catherine Murphy asked the Minister for Housing, Planning and Local Government the amount transferred to Irish Water in funding from the Exchequer in the past five years to date; the projected amount to be transferred to Irish Water over the next decade from central funds; and if he will make a statement on the matter. [44630/19]
Amharc ar fhreagraState Funding provided to Irish Water over the past 5 years is set out in following table:
|
Year |
2014 |
2015 |
2016 |
2017 |
2018 |
Total |
|
€m (to nearest) |
900 |
495 |
836 |
1,200 |
1,100 |
4,531 |
The Irish Water Strategic Funding Plan 2019-2024 sets out Irish Water’s multi-annual strategic business planning funding requirement of €11bn to 2024, comprised of a €6.1bn investment in infrastructure and assets and €4.9bn in operating costs. This funding requirement will be met through a combination of non-domestic revenue including new connections revenue, domestic excess usage charges, non-domestic borrowings, government subvention and capital contributions.
Furthermore, Irish Water’s capital investment of over €8bn is projected over the lifetime of the National Development Plan 2018-2027.
