Written answers

Thursday, 29 March 2012

Department of Environment, Community and Local Government

Local Authority Funding

1:00 pm

Photo of Joan CollinsJoan Collins (Dublin South Central, People Before Profit Alliance)
Link to this: Individually | In context

Question 186: To ask the Minister for the Environment, Community and Local Government if it has been brought to his attention that Sligo County Council has had the highest overall deficit balance of all county and city councils as outlined in their respective annual financial statements (details supplied); if it has been brought to his attention that the members of Sligo County Council were informed at their monthly meeting on 5 March 2012 that the council's overall revenue account debt at the end of 2011 increased to €12.9 million and that the capital debt is now €73 million; if it has been brought to his attention that a majority of the members of the council approved an increase in the council's overdraft facility from €11 million to €14 million for the period April 2012 to September 2012; if he intends to sanction the increased overdraft; and if he will make a statement on the matter. [17494/12]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
Link to this: Individually | In context

It is a matter for each local authority, including Sligo County Council, to manage its own day-to-day finances in a prudent and sustainable manner. At the request of Sligo County Council, I met with a delegation from the Council on 31 January 2012 to discuss its financial position, including its adopted 2012 budget. My Department continues to be in ongoing consultation with the Council in relation to these matters.

A request from Sligo County Council for an overdraft sanction of €14 million was received on 26 March 2012 and is currently being considered by my Department.

Comments

No comments

Log in or join to post a public comment.