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

Mr. John McCarthy:

Exactly. Two exercises are under way. The LPT is the Minister for Finance's responsibility and he has been undertaking a review of it. In parallel, the group that the Minister of State established is considering the basis on which any buoyance that emerged in the LPT in future would be distributed and what a fair and balanced basket of variables to be taken into account would be, for example, population or God knows what. That group has been working. The intention is to try to bring both processes to a conclusion in parallel.

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