Oireachtas Joint and Select Committees
Thursday, 26 June 2014
Public Accounts Committee
2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government
11:10 am
Ms Maria Graham:
There will be capital moneys from the State. The Government has committed to funding for 2015 and 2016. In fact the funding will allow for a capital programme which is €100 million more than it would have been in 2013, when we were under conventional funding arrangements. Irish Water is off balance sheet and for that reason funding can be done in that way. Obviously there are operational costs, and customer tariffs will be largely going against that and interest free payments.