Oireachtas Joint and Select Committees
Thursday, 27 June 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
12:40 pm
Ms Geraldine Tallon:
I do not think I have the complete distribution of historical debt here. There are authorities which we would watch very closely in terms of their financial position. This is not a secret. Sligo County Council, Limerick County Council, Offaly County Council and Donegal County Council have had problems historically in the debt area. Meath has had a problem with debt. A number of authorities have had capacity over recent years. One can see on an annual basis that they are not continuing to dig a deeper hole. I put Meath and Donegal in that category. On an annual basis one can see a small operating surplus, but if one looks at the historical base one will find they still have significant millstones round their necks from accumulated debt over a longer period of time.
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