Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Public Accounts Committee
Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services
10:00 am
Seán Fleming (Laois-Offaly, Fianna Fail)
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I understand that. In the first instance, I want to deal with Irish Water. What is the value of the assets and, separately, the liabilities transferred to Irish Water? I would not expect the witnesses to have the information here but perhaps they could forward it when they have the schedule of that. It would have been coming from the local authorities under their remit to Irish Water and they would have to release all that on a county-by-county basis. What is the overall national figure? Perhaps Mr. McCarthy could send us the schedule of the assets transferred on a county-by-county basis? How were the assets valued? Was it original construction costs two, 20 or 40 years ago?