Written answers

Tuesday, 18 September 2012

Department of Environment, Community and Local Government

Dormant Accounts Fund Management

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)
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To ask the Minister for Environment, Community and Local Government if he intends running a module for flagship projects using dormant account funding similar to that delivered by the previous government in view of the success of the previous round of funding; and if he will make a statement on the matter. [37857/12]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
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Disbursements on dormant accounts measures are paid in the first instance “up front” from Departmental Votes in the same way as with any other spending programme. Therefore, Government Departments have to source funding for dormant accounts programmes from their annual Exchequer allocations.

At a time of severe budgetary pressures, resulting in reduced allocations across all Departmental Votes, there is a need to prioritise and keep all existing funding programmes under review. I am prepared also to keep under review proposed new funding measures under the Dormant Accounts Fund, particularly in the context of improvement to the budgetary situation in future years.

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