Dáil Éireann Debate, Tuesday - 10 February 2015
605. Deputy Brian Stanley asked the Minister for the Environment, Community and Local Government the purposes the €200 million supplementary capital grant from his Department to Irish Water will be used for in 2015. [6091/15]
View answerThe establishment of Irish Water is an integral component of the Government’s water sector reform strategy and will lead to lower costs and improved services in the future, providing much better outcomes for customers and the environment. Irish Water is being funded by a combination of domestic and non-domestic water charges, Government subvention and the raising of debt.
Government funding in respect of 2015 is made up of €399 million in respect of operational subvention and €222 million in respect of capital expenditure. This funding, provided by the Minister for Finance, is for the purpose of supporting increased investment in public water services infrastructure by Irish Water.
