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Funding for the Department of Housing 2018

Posted March 28th, 2018

Yesterday in committee we talked about funding for my Department for the year. I outlined how much we would spend and what we would spend it on. You can read my opening statement below.

I welcome the opportunity to discuss with the Committee today my Department’s Revised Estimate for 2018, as well as the Votes for the Valuation Office and the Property Registration Authority which, arising from a recent transfer of functions, are now also under the aegis of my Department.

Turning first to Vote 34, the Revised Estimate before the Committee today sets out my Department’s budget for 2018. Gross expenditure of €3.264 billion is budgeted for my Department this year. This represents an increase of almost €1.2 billion or 55% on the provision in 2017. The gross provision for 2018 is made up of €1.633 billion in current spending and €1.631 billion on the capital side. In addition, my Department’s programmes will benefit in 2018 from resources of some €621 million that will be available from the Local Government Fund.

To continue reading, go here.

You can watch a video of the proceedings here (part 1) and here (part 2).