Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 18 - Shared Services
Vote 39 - Office of Government Procurement
Chapter 3 - Vote Accounting and Budget Management
Comptroller and Auditor General Special Report 95: Financial Reporting in the Public Sector
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
In his opening remarks Mr. Watt spoke of an underspend. To me, an underspend sounds like a waste in that the money should have been spent somewhere and was not spent. Mr. Watt spoke of contract arrangements, roll-outs and so on. What happens to that money when it is not spent? Is it held in abeyance and rolled over into next year or is it handed back?
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