Catherine Murphy (Kildare North, Independent)
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Question 394: To ask the Minister for the Environment, Heritage and Local Government the income streams available to local authorities for the purpose of dealing with loans raised for capital purposes; and if he will make a statement on the matter. [43625/06]

Dick Roche (Wicklow, Fianna Fail)
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The main income streams available to local authorities to finance loans raised for capital purposes are general-purpose grants from the Local Government Fund, commercial rates, and miscellaneous receipts from fees and local charges. Earlier this week, I announced record levels of general-purpose grants for local authorities for 2007. I allocated a total sum of €948m, representing an increase of €70m or 8% over the record amount provided in 2006 and an increase of some 2.6 times the initial allocation funded in 1997.