Oireachtas Joint and Select Committees
Thursday, 26 June 2014
Public Accounts Committee
2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government
1:10 pm
Ms Maria Graham:
No. The only financial transaction between Irish Water and the local authorities will be that it will take over their unfunded balances – in other words, some of the projects that were not complete and in respect of which there was not a financing source. There are some debts associated with non-domestic debtors which have not yet been addressed. Obviously, a hole could not be left in local authority accounts associated with that. They will make that good.
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