Oireachtas Joint and Select Committees

Thursday, 26 November 2020

Public Accounts Committee

2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (Resumed)
Chapter 11 - Social Housing
Chapter 12 - Land Aggregation Scheme.
Chapter 13 - Pyrite Remediation Scheme.

11:30 am

Photo of Verona MurphyVerona Murphy (Wexford, Independent) | Oireachtas source

I want to deal with the land aggregation scheme as it relates to the accounting of site values. It would appear that the last valuation was in 2018. At that point, the sites were valued at €55 million and the local authorities had a spend of €115 million. The Comptroller and Auditor General has recommended that there would be a revaluation but there is no timeframe on that. Have the witnesses taken that on board and when do they propose to do that valuation? I presume these sites are for sale in terms of land disposal of sites under LAGS?

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