Oireachtas Joint and Select Committees

Thursday, 24 October 2019

Public Accounts Committee

2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 30 - Department of Agriculture, Food and the Marine
Chapter 10 - Forestry Grants

9:00 am

Mr. Brendan Gleeson:

As the Deputy noted, there is a long list of landholdings. There are some large properties as well as some smaller properties, including forestry plots and so on, that we inherited from the Land Commission. By and large, our policy is to value the properties at point of sale because it would be an enormous task to have each of these small plots valued and the valuations might be out of date a week later. We are engaged in a programme to value the assets and properties in our fisheries harbours. We have a separate fisheries harbours account and as part of a set of recommendations from the Comptroller and Auditor General we are valuing those properties. We are valuing properties to that extent but, as a general proposition, we do not value them in advance of a potential sale.

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