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:
Irish Water was established on the basis that it will collect the revenues due to it from its commercial and domestic customers. Inevitably there will be a time lag between billing and receipts. That will have to be financed by working capital loans but Irish Water is established on the basis that it will collect revenue.