Written answers
Thursday, 17 November 2011
Department of Public Expenditure and Reform
Capital Expenditure
3:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 109: To ask the Minister for Public Expenditure and Reform in view of the significant under-spend in capital projects up to end of October, the current expected out-turn in capital spending for 2011. [35306/11]
Brendan Howlin (Wexford, Labour)
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It is a matter for line Departments to manage their expenditure within their allocations and in line with the sanction arrangements issued by my Department.
The end-October Exchequer returns show that capital expenditure by line Departments is running at about 12% behind profile overall so far this year. However, a variance of between 10 and 12% at this stage is not unusual. Based on information supplied by Departments, there may be some small underspends in a number of areas but I expect most areas to be on profile at year end.
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