Oireachtas Joint and Select Committees
Tuesday, 7 February 2017
Joint Oireachtas Committee on the Future Funding of Domestic Water Services
NewERA, National Treasury Management Agency
12:00 pm
Ms Maria Graham:
The plan dealt with the position from 2015 to 2021 in a rising sense and the funding reflected that over time. The plan for Irish Water is based on an accruals basis and we look at what its cash requirements are on a year-by-year basis. Its cash requirement in terms of subvention was originally €474 million. That reflected its expected intake in terms of customer revenue. We added €125 million to that to deal with the suspension of charges.
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