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Dormant accounts

Asked about dormant accounts by Barry Cowen (FF, Laois Offaly), the Minister for the Environment, Community and Local Government Phil Hogan told him that he had allocated €6.385m in 2013, of which €2.835m would go to labour activation measures in local authorities, with a small residual spend on RAPID in five new towns and the flagship project for the Integrated Services Centres in Tralee, co Kerry (Dail Eireann, Debates, 16th July 2013, 163-4).  He reminded him that dormant accounts funding was considered a government liability and added to the government debt which had a ceiling set by the troika.  The minister gave details to Niall Collins (FF, Limerick) of the total transfers into dormant accounts (Dail Eireann, Debates, 16th July 2013, 157).  These were as follows:

2003 €174.9m

2004 €38.7m

2005 €21.8m

2006 €41.7m

2007 €40.9m

2008 €21m

2009 €23.2m

2010 €19.4m

2011 €19.8m

2012 €23.3m

2013 €35.5m


Later, the Minister of State at the Department of the Environment, Community and Local Government, Fergus O’Dowd, told John McGuinness (FF, Carlow Kilkenny) that the €2.835m would cover once-off costs such as health and safety training, personal protective clothing, necessary equipment and materials incurred by local authorities providing placements in the Department of Social Protection’s Local Authority Employment Initiative (Dail Eireann, Debates, 16th July 2013, 149-150).