Oireachtas Joint and Select Committees
Thursday, 28 April 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 24 - Justice
Vote 21 - Prisons
9:30 am
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
Okay. Moving on to Thornton Hall, the new valuation for the site is €6.2 million. The Comptroller and Auditor General has drawn attention to the valuation of €2.7 million. In this context, there is the land itself, but also the significant development of a road and lighting at the site, which means it is now fully serviced. That is my understanding. Can Ms McPhillips provide the methodology to explain the variance between the €2.7 million and €6.2 million valuations? We already know there is a significant issue regarding the historical cost of the site. What is the methodology? How are the valuations so different?
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