Oireachtas Joint and Select Committees

Thursday, 29 January 2015

Public Accounts Committee

Vote 33 - Department of the Arts, Heritage and the Gaeltacht
Chapter 9 - Accounting for National Gallery of Ireland Expenditure
Financial Statements of the National Library 2012 and 2013

10:00 am

Mr. Joe Hamill:

Yes. I would like to make the point that we have moved from a position of capital provision for islands in 2008 being multiples of tens of millions of euro to the current capital provision of approximately €600,000. Critical to all of this is that the capital options dried up significantly at the time. Our first objective, when it became clear that there would not be any major investment on the capital front for the foreseeable future, was to ensure that the facilities were properly maintained and rendered safe. I remain hopeful that if we can develop the project, particularly in the context of the Coast Guard option, we will get a good outcome for the taxpayer.

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