Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Public Accounts Committee
Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
10:00 am
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
No, I refer to the capital. This whole venture was put into place because it was to be off-balance sheet and the only way to raise money to put into the infrastructure and provision of water services.
Is it the Department's plan or does it envisage that this new company will raise all the money on the markets, or is it the Secretary General's expectation that the Department will have to continue to finance that capital input from taxpayers' money?
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