Aengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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831. To ask the Minister for Environment, Community and Local Government if he will provide details of bank overdrafts and the interest paid on these for individual local authorities for the years 2008, 2009, 2010, 2011 and 2012. [35298/13]

Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Local authority borrowing is subject to the provisions of the Local Government Act 2001; borrowing is a reserved function under Section 106 and requires the sanction of the appropriate Minister. Borrowing proposals, including overdrafts, must be submitted to the relevant Minister together with a resolution of the local authority members approving the proposed borrowing. The extent to which recourse to overdraft is used by local authorities for normal operational purposes is dependent on the relative timing of income receipts from their various revenue sources and expenditure in respect of their current and capital programmes.
2011 is the latest year for which audited information is available. Information requested in respect of overdrafts, sourced from audited Annual Financial Statements , is set out in the following table .

Information in relation to the amount of overdraft interest paid by each local authority is not available in my Department.

* The table shows only those Councils with overdraft balances in their Annual Financial Statements during the period specified in the Question.