Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

It is all on page 16 on the Revised Estimates briefing paper circulated to the committee. Under subhead D3, income and expenditure of the Local Government Fund, income from local property tax comes to €550 million, gross motor tax receipts amount to €1.16 billion, and interest from local government moneys invested in the National Treasury Management Agency, NTMA, €150,000. This totals €1.71 billion. Outgoings are €280 million in general purpose grants, €363 million in public transport infrastructure payments and €600 million to the Exchequer, as the Deputy rightly pointed out. The fact is the country is broke and we have had conditionality through the troika for the past three years.