Oireachtas Joint and Select Committees
Thursday, 2 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government
9:00 am
Mr. John McCarthy:
No. A total of 80% is retained locally and that is entirely at discretion. When I talk about self-funding of programmes I refer to eight or nine who have a surplus where in effect in the transition from the old general purpose grant to the local property tax they would have gained significantly. They were allowed to retain a part of that gain, entirely at their own discretion but they must assign a slice of that gain to housing and roads. That is not part of the 80%.
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