Since 1 January 2014, Irish Water has statutory responsibility for all aspects of water services planning, delivery and operation at national, regional and local levels. State funding allocated to Irish Water since its inception in 2014, including the estimate for 2022, is set out in the table below:
Amounts to nearest €m
|
2014
|
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
(REV)
|
2022 (Budget Estimate)
|
Current
|
439
|
399
|
652
|
930
|
600
|
562
|
624
|
614
|
629
|
Capital
|
461
|
96
|
184
|
270
|
500
|
1,404*
|
917*
|
822*
|
964*
|
Total
|
900
|
495
|
836
|
1,200
|
1,100
|
1,966
|
1,541
|
1,436
|
1,593
|
* Includes €758m and €238m respectively for 2019 and 2020 in respect of State funding from the Minister for Finance for the replacement of commercial borrowings, and €130m and over €134m for State borrowing allocations in 2021 and 2022 respectively.
As part of Budget 2022, I secured funding of over €1.57 billion to support water services. This includes €1.459 billion in respect of domestic water services provision by Irish Water. The National Development Plan (NDP) 2021-2030 commits to almost €6bn capital investment to be undertaken by Irish Water in the period from 2021-2025 of which over €4.5 billion will be Voted Exchequer funded in respect of domestic water services. The overall investment will deliver significant improvements in our public water and waste water services, support improved water supplies right across Ireland, including rural Ireland, and support a range of programmes delivering improved water quality in our rivers, lakes and marine area.