Oireachtas Joint and Select Committees
Thursday, 6 December 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 16 - Central Government Funding of Local Authorities
11:20 am
Mr. Philip Nugent:
In the Dublin area it is €220,000. There is a capital and a current element to the funding arrangement. For example, let us consider the transaction completed this year. The capital element comes out of the capital assistance scheme, which is a funding line for approved housing bodies for the provision of social housing units. The current funding for the ongoing leasing costs comes from the main leasing programme on the current side.