Written answers

Tuesday, 16 May 2006

Department of Community, Rural and Gaeltacht Affairs

Community Development

9:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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Question 105: To ask the Minister for Community, Rural and Gaeltacht Affairs the amount awarded by him or his Department to urban or rural community groups from the dormant accounts fund in the year 2005 and to date in 2006; the extent to which he has outstanding applications on hand; the extent to which he expects to respond to same; and if he will make a statement on the matter. [18173/06]

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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Question 342: To ask the Minister for Community, Rural and Gaeltacht Affairs the amount spent to date from the dormant accounts fund; and if he will make a statement on the matter. [18391/06]

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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Question 343: To ask the Minister for Community, Rural and Gaeltacht Affairs the amount expected eventually to accrue to the State from the dormant accounts fund, including insurance accounts; and if he will make a statement on the matter. [18392/06]

Photo of Noel AhernNoel Ahern (Dublin North West, Fianna Fail)
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I propose to take Questions Nos. 105, 342 and 343 together.

Decisions on the disbursements of funds from dormant accounts under the initial round of funding were a matter for the Dormant Accounts Fund Disbursements Board, an independent body established under the Dormant Accounts Acts. Under this round, the Board approved 521 projects for funding totalling over €60 million; 101 of these projects involving a total in excess of €21 million were approved during 2005. The Board completed all decisions on applications under the initial round of funding by July 2005. To date approximately €19 million of the €60 million approved has been paid over to groups, of which €7 million was paid during 2006 to date. It is anticipated that during the remainder of 2006, further significant amounts will be drawn down by those groups approved for funding.

The Rural Social Scheme (RSS) was launched in 2004 to provide an income supplement to small farmers and part-time fishermen while at the same time harnessing their skills for the benefit of rural communities. With the approval of Government and following consultation with the Dormant Accounts Fund Disbursements Board, a total of €16.4 million was allocated from the Dormant Accounts Fund up to the end of 2005 to part finance the RSS.

Following the enactment of the Dormant Accounts (Amendment) Act 2005 the Government approved the allocation of €60 million from the Dormant Accounts Fund in 2006. In this regard, €24 million will be allocated towards projects tackling economic and social disadvantage; €18 million towards projects tackling educational disadvantage and €18 million towards projects assisting persons with a disability.

On 4th January 2006, following Government approval, I announced details of the allocation of €24 million for the purpose of supporting programmes and projects tacking economic and social disadvantage. The rollout of these programmes is well underway and invitations have issued seeking applications for a number of funding measures. Almost 200 applications were received from RAPID Area Implementation Teams, seeking funding for priority projects in each RAPID area. The closing date for receipt of applications under this measure was 31st March 2006.

The measure providing supports for projects tackling suicide prevention was publicly advertised on 10th March 2006 and 120 applications were received before the closing date of 5th May 2006.

Applications have also recently been invited for measures providing supports for (a) older people; (b) vulnerable immigrants; and (c) prisoners/ex-prisoners. The number of applications under these measures will become known when the closing dates are reached later in May and during June.

Applications received under the measures detailed above are being assessed against the published criteria and the results of the assessments will be reported to the Minister for Community Rural & Gaeltacht Affairs. In accordance with the legislation requirements, the Minister will in turn submit to Government for approval a list of the applications recommended for funding.

Regarding the amount expected eventually to accrue to the State from the Dormant Accounts Fund, the Deputy will be aware that the legislation provides for an annual transfer by financial institutions and insurance undertakings of monies in dormant accounts into the Dormant Accounts Fund. Since the establishment of the Fund in May 2003 to the end of March 2006, a total of €293 million has been transferred, of which €71 million has been reclaimed. The National Treasury Management Agency is currently compiling details in relation to 2006 transfers to the Fund and this information should be available very shortly.

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