Written answers
Tuesday, 13 May 2014
Department of Environment, Community and Local Government
Local Authority Finances
Mattie McGrath (Tipperary South, Independent)
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469. To ask the Minister for Environment, Community and Local Government the exact levels of debt on local authority accounts for unfunded capital projects including land purchases and housing loans in south and north Tipperary; and if he will make a statement on the matter. [21298/14]
Phil Hogan (Carlow-Kilkenny, Fine Gael)
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In 2012 , the latest year for which audited information is available, loans payable by local authorities amounted to some €4.9bn. Information on unfunded capital projects, and loans outstanding in respect of land purchases is not available in my Department.
The information requested in respect of South Tipperary County Council and North Tipperary County Council, from Note 8 of the 2012 Annual Financial Statements, is set out in the table below.
- | Loans Payable | Mortgage Loans |
---|---|---|
South Tipperary County Council | €68,027,034 | € 8,442,169 |
North Tipperary County Council | €49,640,649 | €6,401,072 |
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