Oireachtas Joint and Select Committees

Thursday, 13 December 2012

Public Accounts Committee

2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011

11:00 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I am sorry, wrong Department - caught again. Ms McLaughlin might send him a copy of the transcript.

Regarding the total amount of commitments under public private partnerships, it is stated on page 1 of chapter 6 of the Comptroller and Auditor General's report that there are commitments to the tune of €4 billion. I ask this question of the representatives of the Department of Public Expenditure and Reform. The footnote states that does not include expenditure under the contracts in respect of the relevant local authorities or the outstanding commitments that will have to be met by local authorities from their own budgets. I am sure the financial positions of local authorities are reflected in the EUROSTAT figures. The chart indicating the total outstanding at €4.029 billion at the end of last year is heavily qualified by that footnote which states much of what is going on and a lot of the capital investment is in water and wastewater facilities. Does Ms McLaughlin have a figure for the financial commitments vis-à-vis the local authorities to give us the full picture of the outstanding commitments under PPPs?

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