Written answers
Wednesday, 22 April 2015
Department of Finance
Irish Water Expenditure
Pearse Doherty (Donegal South West, Sinn Fein)
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64. To ask the Minister for Finance further to Parliamentary Question No. 163 of 15 April 2015, if he will provide, for each given year, the components of the figures provided for the impact of Irish Water on surplus and deficit, showing all measurers included as revenue or as expenditure. [15917/15]
Michael Noonan (Limerick City, Fine Gael)
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Further to Parliamentary Question No. 163 of 15 April 2015 the breakdown of income and expenditure utilised in the previous calculations regarding the impact of the current treatment of Irish Water can be summarised within the following table (all figures in €m):
| - | 2014 | 2015 | 2016 |
|---|---|---|---|
| Domestic Tariff | 0 | 271 | 274 |
| Non-domestic Revenue | 248 | 229 | 240 |
| Total Revenue | 248 | 500 | 514 |
| Opex (including Interest) | 778 | 799 | 785 |
| Capex | 323 | 681 | 601 |
| Total Expenditure | 1,101 | 1,480 | 1,386 |
| Balance | -853 | -980 | -872 |
| less support from LGF and Exchequer1 | 515 | 399 | 479 |
| Irish Water balance (impact on deficit) | -338 | -581 | -393 |
1This includes consolidation of transactions between Irish Water and Local Authorities.
It should be noted that the Local Government Fund (LGF) and Exchequer support would be incurred regardless of the classification of Irish Water and are deducted in order to assess the overall impact on the deficit of Irish Water being classified in general government.
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