Written Answers. - Capital Expenditure by Corporations.

Tuesday, 29 April 1958

Dáil Éireann Debate
Vol. 167 No. 7

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Mr. Sweetman: Information on Gerard Sweetman  Zoom on Gerard Sweetman  asked the Minister for Local Government if he will state the amount of capital expended by Cork and Dublin Corporations, respectively, for the three financial years ended 31st March last, the estimated expenditure for 1958-59 and the source from whence the respective corporations provided such capital.

Minister for Local Government (Mr. Blaney): Information on Neil T.C. Blaney  Zoom on Neil T.C. Blaney  Following is the information:—

1955-56 1956-57 1957-58 1958-59
Expenditure Source Expenditure Source Expenditure Source Estimated Expenditure
£ £ £ £
Cork Corporation 884,670 Bank Overdraft Stock issue. 866,021 Bank Overdraft Local Loans fund. 692,421 Bank Overdraft Local Loans fund. 687,000*
Dublin Corporation 4,900,269 Bank Overdraft Local Loans Fund Stock Issue. 4,379,806 Local Loans Fund Loan from Irish Assurance Company. 2,635,865 Bank Overdraft Local Loans Fund 2,777,000

* Recently proposed by Corporation to be revised to £727,500.

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