Dublin City Council will spend almost €788m from its day-to-day account this year
The money will come from:
Government grants of €111.18m
Goods and services will contribute €325.08m
Rates on commercial businesses will yield €259.74m
The Local Government Fund will account for an expected €92m
Another €1bn will come from capital grants for infrastructure, as part of a three-year, €2.8bn investment plan. This will be funded by the National Roads Authority; from the Department of the Environment for large-scale projects such as sewerage and housing; and from development levies and loans.
Where the money will go:
€205m will be spent on housing
€98m on roads transportation and safety
€113m on water and waste-water services
€25m on development incentives and control
€215m on environmental protection
€69m on recreation and amenity
€46m on education, health and welfare
€17m on miscellaneous spending
Total €788m
The capital spending of €1bn will go mainly on investment in housing, roads and large- scale water and waste-water treatment plants.
