Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source

Issues that have come across our desk at the Committee of Public Accounts quite a bit are valuation and the questions of who should be doing valuations, when valuations should be done, who should be giving guidance, what the oversight should be and who should be responsible and follow-up if it goes wrong. I believe the Committee of Public Accounts cannot be responsible because it would require full-time members to engage in oversight at the level required. From discussions with representatives of the Department of Public Expenditure and Reform and the Department of Finance when they are before us, it seems that what is expected of groups across several sectors under the public spending code is less than clear.

We have just had a conversation about revenue. Regarding valuation, be it related to a site value tax or local property tax, or something more general if we are nationalising huge swaths of the country, is governance a major concern for those present, many of who are economists?