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

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

Yes. For six years, one does not have to worry about it. My point is, it is a top-up finance. It is putting more debt on the property. If the value of the house is €300,000 and it is a 20% top-up, that is an extra €60,000. The Secretary General is saying to me that that is captured in this figure of 4,100.

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