Written answers
Tuesday, 5 November 2019
Department of Housing, Planning, and Local Government
Irish Water Funding
Catherine Murphy (Kildare North, Social Democrats)
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1116. To ask the Minister for Housing, Planning, and Local Government the amount transferred to Irish Water in funding from the Exchequer in the past five years to date; the projected amount to be transferred to Irish Water over the next decade from central funds; and if he will make a statement on the matter. [44630/19]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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State Funding provided to Irish Water over the past 5 years is set out in following table:
Year | 2014 | 2015 | 2016 | 2017 | 2018 | Total |
---|---|---|---|---|---|---|
€m (to nearest) | 900 | 495 | 836 | 1,200 | 1,100 | 4,531 |
The Irish Water Strategic Funding Plan 2019-2024 sets out Irish Water’s multi-annual strategic business planning funding requirement of €11bn to 2024, comprised of a €6.1bn investment in infrastructure and assets and €4.9bn in operating costs. This funding requirement will be met through a combination of non-domestic revenue including new connections revenue, domestic excess usage charges, non-domestic borrowings, government subvention and capital contributions.
Furthermore, Irish Water’s capital investment of over €8bn is projected over the lifetime of the National Development Plan 2018-2027.
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