Written answers

Tuesday, 4 December 2012

Department of Finance

Capital Expenditure

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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To ask the Minister for Finance in respect of the October Exchequer returns, the reason the capital spending for his Department was €3m below profile for this period; his plans to ensure the full capital spending is implemented before the end of the year; and if he will make a statement on the matter. [53830/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Capital Budget on my Vote Group is allocated as follows:

- Office of the Revenue Commissioners - €4.85 million

- Office of the Minister for Finance - €0.15 million

My Department expects to use its allocation in December. The Office of the Revenue Commissioners has indicated that variance against profile in October is a timing issue. It is expected that the full Revenue provision of €4.85 million will be spent before the end of the year.

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