Oireachtas Joint and Select Committees

Thursday, 28 February 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2013: Motion

10:20 am

Photo of Peter MathewsPeter Mathews (Dublin South, Fine Gael) | Oireachtas source

Each Department has its capital expenditure budget and its current expenditure budget. I must begin to get my head around what goes into capital. Should repairs and renewals be under the capital heading? From day one machinery has always been seen as capital expenditure.

If one must repair it and so forth, this is done to keep the machinery operating. It is, therefore, a little like a subhead of capital expenditure and might be better grouped as such. We referred to roads maintenance and so on.

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