Oireachtas Joint and Select Committees
Thursday, 25 June 2015
Public Accounts Committee
2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 25: Environment, Community and Local Government
Chapter 5: Central Government Funding of Local Authorities
Special Report No 84: Transhipment of Waste
10:00 am
Mr. John McCarthy:
No. Some local authorities, by virtue of the way the formula works, are in receipt of a significant windfall gain.
In terms of that windfall gain, those local authorities can keep the equivalent of 20% of the LPT proceeds in their area and they are expected to use the balance towards funding housing and roads programmes that would otherwise have been funded by the Exchequer.