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:
The €399 million is covered by a funding letter we issued to Irish Water to set out the basis on which it premised. It involves the State buying from Irish Water the cost of the product subsidy because customers are not being charged the full amount and for the cost of caps where usage is beyond the norm. The funding letter sets out the basis on which the €399 million is claimable and we get a quarterly invoice from Irish Water.