348 Deputy Joan Collins asked the Minister for the Environment, Community and Local Government if it has been brought to his attention that Sligo County Council has had the highest overall deficit balance of all county and city councils as outlined in its respective annual financial statements for the financial years ending 31 December 2008, 31 December 2009 and 31 December 2010; if it has been further brought to his attention that Sligo County Council had a deficit of €2,815,649 on its revenue account for the year ending 31 Dec 2008, a deficit of €3,232,961 for the year ending 31 Dec 2009, a deficit of €2,463,505 for the year ending 31 Dec 2010; that the members of Sligo County Council were informed at their monthly meeting on 5 March 2012 that the council’s overall Revenue account debt at the end of 2011 increased to €12.9 million and that the council’s capital debt is now €73 million; that a majority of the members of the council approved an increase in the council’s overdraft facility from €11 million to €14 million for the period April 2012 to September 2012; if he intends to sanction the increased overdraft; and if he will make a statement on the matter. [14975/12]

Summary

348 Deputy Joan Collins asked the Minister for the Environment, Community and Local Government if it has been brought to his attention that Sligo County Council has had the highest overall deficit balance of all county and city councils as outlined in its respective annual financial statements for the financial years ending 31 December 2008, 31 December 2009 and 31 December 2010; if it has been further brought to his attention that Sligo County Council had a deficit of €2,815,649 on its revenue account for the year ending 31 Dec 2008, a deficit of €3,232,961 for the year ending 31 Dec 2009, a deficit of €2,463,505 for the year ending 31 Dec 2010; that the members of Sligo County Council were informed at their monthly meeting on 5 March 2012 that the council’s overall Revenue account debt at the end of 2011 increased to €12.9 million and that the council’s capital debt is now €73 million; that a majority of the members of the council approved an increase in the council’s overdraft facility from €11 million to €14 million for the period April 2012 to September 2012; if he intends to sanction the increased overdraft; and if he will make a statement on the matter. [14975/12]

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• Local Authority Funding

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