Dáil Éireann Debate, Wednesday - 19 March 2025
325. Deputy Pa Daly asked the Minister for Transport further to Parliamentary Question No. 211 of 6 March 2025, his Departments capital underspend in each year from 2021 to 2024, in tabular form; and if he will make a statement on the matter. [11560/25]
Amharc ar fhreagraThe information requested by the Deputy on my Department’s Capital Underspend is available in the following table.
It is highly unlikely that payments made in respect of all projects will be exactly equal to the quantum of the available funding in any given calendar year. While the vast majority of available funding in a calendar year is expended in that year, some payments can fall into the following calendar year. Given the size of the Department’s budget and number and complexity of projects under its remit these delayed payments or "underspends" are a very small share of the overall budget investment spread across a limited number of projects. It is important to note that the payments are delayed and it is not the case that they could be utilised on alternative projects.
The Department applies to carry these delayed payments into the following year ensuring the funds associated with the projects are fully utilised.
|
- |
2021 €’000 |
2022 €’000 |
2023 €’000 |
2024 €’000 |
Total 2021 – 2024 €’000 |
|
Rev Allocation |
2,527,500 |
2,547,000 |
2,622,254 |
2,679,450 |
10,376,204 |
|
Total Expenditure |
2,316,285 |
2,402,184 |
2,473,792 |
2,549,355 |
9,741,616 |
|
Delayed payments |
211,215 |
144,816 |
148,462 |
130,095 |
634,588 |
