Oireachtas Joint and Select Committees

Thursday, 26 January 2023

Public Accounts Committee

Appropriation Accounts 2021
Vote 34 - Housing, Local Government and Heritage
Local Government Fund Account 2021
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funds
Chapter 6: Central Government Funding of Local Authorities
Chapter 7: The Housing Agency’s Revolving Acquisition Fund

9:30 am

Mr. Graham Doyle:

It was in the brief but it could be it was based on figures up to the end of October; I am not sure. It was based on a run rate. If the underspend continued at that level, the point being made was that it could result in an underspend of €1 billion. In fact, most of the delivery happens in that last quarter. This year, that got skewed a little bit more into December.

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