Oireachtas Joint and Select Committees
Thursday, 10 October 2024
Public Accounts Committee
Financial Statements 2023: Land Development Agency
9:30 am
Mr. John Coleman:
We make assumptions whenever we sit down and work out what the rent can be. Our workings and spreadsheets are always targeted at making the rent as low as possible. We would bake in the costs relating to upkeep and sinking funds. We would factor in increases in operating costs over time when setting our models at the outset, which ultimately set the rent.
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