Written answers
Tuesday, 13 November 2018
Department of Housing, Planning, and Local Government
Local Authority Finances
Michael McGrath (Cork South Central, Fianna Fail)
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638. To ask the Minister for Housing, Planning, and Local Government the amount owed by each local authority in relation to various forms of borrowings; and if he will make a statement on the matter. [47075/18]
John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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Section 106 of the Local Government Act 2001 sets the framework for borrowing by local authorities. Borrowing by a local authority is a reserved function of the elected members who have direct responsibility in law for all reserved functions of the authority.
The value of total loans outstanding by local authorities at the end of 2016 (the most recent year for which aggregated audited information is available) was €3. 858bn.
The total amount owed by each local authority, under each category of loan, is set out in the table.
Table detailing Loans payable by Local Authorities 31/12/2016
| Mortgage loans | Non-Mortgage Loans | ||||||
|---|---|---|---|---|---|---|---|
| Local Authority | Asset/Grants | Revenue Funding | Bridging Finance | Recoupable | Shared Ownership – Rented Equity | Balance @ 31/12/2016 | |
| Carlow Co Co | 11,286,450.58 | 7,029,765.28 | 0.00 | 5,300,300.00 | 15,711,911.22 | 722,634.07 | 40,051,061.15 |
| Cavan Co Co | 3,486,363.49 | 11,351,471.26 | 0.00 | 0.00 | 5,853,853.25 | 1,607,514.57 | 22,299,202.57 |
| Clare Co Co | 7,253,080.78 | 65,331,829.77 | 3,218,573.60 | -0.48 | 11,369,462.21 | 4,292,477.15 | 91,465,423.03 |
| Cork Co Co | 22,388,372.00 | 43,020,923.00 | 0.00 | 28,380,682.00 | 47,212,691.00 | 4,238,853.00 | 145,241,521.00 |
| Cork City Council | 53,093,689.48 | 117,447,691.75 | 0.00 | 151,108,242.50 | 66,578,243.78 | 19,862,870.14 | 408,090,737.65 |
| Donegal Co Co | 18,344,833.25 | 58,712,362.90 | 0.00 | 1,903,830.51 | 40,328,169.67 | 7,813,041.02 | 127,102,237.35 |
| Dublin City Council | 164,804,349.00 | 8,486,488.00 | 0.00 | 73,872,753.00 | 240,211,083.00 | 68,615,229.00 | 555,989,902.00 |
| Dún Laoghaire Rathdown Co Co | 9,745,399.39 | 55,293,763.31 | 0.00 | 0.00 | 67,377,029.06 | 4,921,706.98 | 137,337,898.74 |
| Fingal Co Co | 121,255,583.70 | 76,984,387.71 | 0.00 | 58,692,968.91 | 111,194,981.35 | 6,371,037.99 | 374,498,959.66 |
| Galway Co Co | 12,781,083.40 | 37,302,261.59 | 0.00 | 5,004,809.88 | 14,757,342.04 | 661,980.50 | 70,507,477.41 |
| Galway City Council | 19,965,878.22 | 8,152,466.74 | 0.00 | 0.00 | 18,898,213.40 | 1,472,820.78 | 48,489,379.14 |
| Kerry Co Co | 8,541,418.00 | 49,226,814.95 | 0.00 | 857,663.98 | 19,802,973.98 | 2,753,222.81 | 81,182,093.72 |
| Kildare Co Co | 16,432,505.95 | 30,195,625.20 | 0.00 | 12,041,688.62 | 37,026,901.40 | 19,875,221.21 | 115,571,942.38 |
| Kilkenny Co Co | 32,424,055.68 | 13,735,552.94 | 182,376.08 | 0.00 | 5,362,027.94 | 3,930,368.40 | 55,634,381.04 |
| Laois Co Co | 46,864,123.99 | 8,274,370.35 | 0.00 | 11,674,867.50 | 32,419,472.06 | 11,078,676.54 | 110,311,510.44 |
| Leitrim Co Co | 467,677.83 | 1,548,563.68 | 0.00 | 0.00 | 5,338,257.55 | 168,700.02 | 7,523,199.08 |
| Limerick Co Co | 10,667,784.35 | 49,241,729.31 | 0.00 | 0.00 | 23,804,681.67 | 4,937,295.41 | 88,651,490.74 |
| Longford Co Co | 6,314,827.13 | 8,592,977.47 | 250,357.77 | 0.00 | 21,445,633.72 | 1,889,533.10 | 38,493,329.19 |
| Louth Co Co | 13,794,579.96 | 77,119,951.13 | 0.00 | 5,743,557.90 | 59,505,484.88 | 28,684.75 | 156,192,258.62 |
| Mayo Co Co | 36,553,996.83 | 59,167,902.08 | 0.00 | 6,504,480.44 | 29,445,937.18 | 993,442.35 | 132,665,758.88 |
| Meath Co Co | 15,350,899.12 | 53,357,229.90 | 0.00 | 0.00 | 12,014,285.15 | 3,285,439.19 | 84,007,853.36 |
| Monaghan Co Co | 12,067,289.93 | 2,686,134.43 | 0.00 | 0.00 | 6,710,116.67 | 711,086.92 | 22,174,627.95 |
| Offaly Co Co | 5,078,585.90 | 31,944,245.56 | 0.00 | 0.00 | 18,823,531.87 | 1,058,113.53 | 56,904,476.86 |
| Roscommon Co Co | 1,260,594.98 | 23,755,738.23 | 0.00 | 695,939.00 | 4,312,678.62 | 0.00 | 30,024,950.83 |
| Sligo Co Co | 11,561,905.42 | 59,383,441.00 | 11,999,999.98 | 0.00 | 17,226,456.36 | 3,733,401.99 | 103,905,204.75 |
| South Dublin County Council | 44,933,512.85 | 21,578,792.20 | 0.00 | 33,997,426.82 | 103,383,684.49 | 6,337,321.64 | 210,230,738.00 |
| Tipperary Co Co | 12,201,217.14 | 28,396,014.09 | 0.00 | 3,250,000.00 | 57,001,787.73 | 4,755,777.25 | 105,604,796.21 |
| Waterford Co Co | 32,974,286.45 | 51,533,509.70 | 8,293,995.86 | 6,103,513.00 | 28,798,715.05 | 10,745,465.86 | 138,449,485.92 |
| Westmeath Co Co | 24,130,014.75 | 42,595,817.00 | 0.00 | 11,558,763.00 | 892,000.00 | 1,417,121.99 | 80,593,716.74 |
| Wexford Co Co | 42,883,952.00 | 70,910,607.00 | 0.00 | 0.00 | 20,902,800.00 | 0.00 | 134,697,359.00 |
| Wicklow Co Co | 13,272,060.48 | 51,905,414.96 | 0.00 | 9,000,000.00 | 4,921,932.33 | 4,731,825.08 | 83,831,232.85 |
| Total | 832,180,372.03 | 1,224,263,842.49 | 23,945,303.29 | 425,691,486.58 | 1,148,632,338.63 | 203,010,863.24 | 3,857,724,206.26 |
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