Grace Boland
Ceist:69. Deputy Grace Boland asked the Minister for Transport to provide the amount of capital funding that has not yet been spent; and if he will make a statement on the matter. [31036/25]
Amharc ar fhreagraWednesday, 11 June 2025
Ceisteanna (69)
Freagraí scríofa
Please see below table showing the capital funding that was not spent in 2022, 2023 and 2024:
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.
|
Budget and Out-turn (‘000s) |
2022 |
2023 |
2024 |
|
Total Capital Budget |
2,547,000 |
2,622,254 |
2,679,450 |
|
Total Out-turn |
2,402,184 |
2,473,792 |
2,549,357 |
|
Total Capital Carryover |
137,956 |
140,920 |
115,253 |
|
Unspent |
6,860 |
7,542 |
14,840 |