Brian Stanley (Laois-Offaly, Sinn Fein)
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699. To ask the Minister for Environment, Community and Local Government if the €240 million Exchequer equity investment in Irish Water to fund water and waste water programme will come from moneys raised from the local property tax or from general taxation. [46741/13]

Fergus O'Dowd (Louth, Fine Gael)
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It is proposed that a portion of the financing of Irish water will be provided in the form of an equity investment. The arrangements under which the investment will be made have not been finalised.  However, it is not envisaged that it will be funded through Voted Expenditure or from the Local Government Fund.