Oireachtas Joint and Select Committees

Thursday, 28 February 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government

9:00 am

Ms Jackie Maguire:

For a number of years, it probably did not have an impact. However, in the current climate private development has increased significantly, as have development levies. There are strict criteria in determining on what they can be spent and the time limit involved. It may affect us in the next year or two and we may need to engage with the Department on the general borrowing requirement and the restrictions it might impose on us. Currently, it is probably not an issue, but I suspect it will become one.

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