149 Deputy Joan Collins asked the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that when Sligo County Council sought and received sanction from him for a term loan of €15 million in 2010 it stated in its application that the purpose to which the loan was to be applied was to fund balances in its capital account that remained unfunded, including water investment projects awaiting special development levies, asset purchases completed in advance of Gateway funding and project balances, along with the revenue account deficit, and that the loan was not in fact applied to the revenue account deficit of €7.5 million and the revenue account deficit was carried forward into the following year; if he has concerns about his Department being misled by Sligo County Council and if he finds such behaviour acceptable; if his further attention has been drawn to the fact that Sligo County Council had a total closing overall deficit balance of €9,981,616 on 31 December 2010; if he will provide the names and positions of the officials from his Department and Sligo County Council who met on 18 October 2011 to discuss the application of the €15 million loan and to further explore the financial position of the council; the proposals if any, his Department made at the meeting; the proposals if any, the Sligo county manager made; and if he will make a statement on the matter. [37988/11]

Summary

149 Deputy Joan Collins asked the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that when Sligo County Council sought and received sanction from him for a term loan of €15 million in 2010 it stated in its application that the purpose to which the loan was to be applied was to fund balances in its capital account that remained unfunded, including water investment projects awaiting special development levies, asset purchases completed in advance of Gateway funding and project balances, along with the revenue account deficit, and that the loan was not in fact applied to the revenue account deficit of €7.5 million and the revenue account deficit was carried forward into the following year; if he has concerns about his Department being misled by Sligo County Council and if he finds such behaviour acceptable; if his further attention has been drawn to the fact that Sligo County Council had a total closing overall deficit balance of €9,981,616 on 31 December 2010; if he will provide the names and positions of the officials from his Department and Sligo County Council who met on 18 October 2011 to discuss the application of the €15 million loan and to further explore the financial position of the council; the proposals if any, his Department made at the meeting; the proposals if any, the Sligo county manager made; and if he will make a statement on the matter. [37988/11]

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• Local Authority Funding

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