Billy Timmins (Wicklow, Independent)
Link to this: Individually | In context | Oireachtas source

241. To ask the Minister for Environment, Community and Local Government the amount of funding expended by Irish Water to date and a breakdown of this; the amount of funding committed into the future by contract and a breakdown; and if he will make a statement on the matter. [42684/14]

Alan Kelly (Tipperary North, Labour)
Link to this: Individually | In context | Oireachtas source

As part of the conditions attaching to the funding being provided to Irish Water from the Local Government Fund in 2014 my Department receives overall cost reports on operational and capital expenditure. The most recent Operating and Capital Expenditure Report shows that some €502m was incurred by Irish Water in operational expenditure and some €373m was incurred on capital expenditure from January 2014 to end August 2014. The projections of expenditure from September to the end of December 2014 are €315m for operational expenditure and €235m for capital expenditure. Costs incurred by Irish Water are examined by the Commission for Energy Regulation as an integral element of the independent economic regulation of Irish Water.