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
1:10 pm
Ms Maria Graham:
That would be part of it. It is the associated liabilities. The assets being taken on board require a huge amount of investment. That has been calculated as possibly being €10 billion. The gross value is €11 billion. What was important in setting up Irish Water was that it would have the financial capacity to put that level of investment in.