Written answers

Tuesday, 4 December 2012

Department of Environment, Community and Local Government

Local Authority Funding

Photo of Joan CollinsJoan Collins (Dublin South Central, People Before Profit Alliance)
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To ask the Minister for Environment, Community and Local Government further to Parliamentary Question No. 1131 of 18 September 2012, if he has considered the report of the independent financial consultant engaged by Sligo County Council to review its critical financial position; his response to the recommendations made by the independent consultant; and if he will make a statement on the matter. [53883/12]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
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I refer to the replies to Question numbers 1131 of 18 September 2012, 184 of 18 October 2012, 459 of 13 November 2012 and 161 and 162 of 21 November 2012 in which I stated that I had considered the report of the independent financial consultant engaged by Sligo County Council to review its financial position. Arising from that consideration, I conveyed sanction to the Council on 8 November 2012 to borrow €7.5m by way of a term loan and revised the Council's overdraft borrowing limit to €4 million.

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