John Browne (Wexford, Fianna Fail)
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Question 208: To ask the Minister for the Environment, Community and Local Government the total amount of funding still available in his Department through the dormant accounts fund; and the reason he continues to withhold funding already approved for projects under the rapid programme for County Wexford (details supplied). [8684/12]

Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Since its establishment in April 2003 to the end of December 2011, the transfers to the Dormant Accounts Fund have totalled some €631.14m, which includes interest earned of some €35.51m. Funds reclaimed in that period by account holders amounted to approximately €228.94m. The net value of the Dormant Accounts Fund (uncommitted funds) at year-end was €69.091m, subject to final audit. No funds have yet been allocated to meet the costs of projects in the new RAPID towns and this matter remains under active review in my Department in light of available funding for 2012.