Oireachtas Joint and Select Committees

Thursday, 19 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of Government Chief Information Officer
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 4 - Vote Accounting and Budget Management

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
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The Deputy asked for a note regarding the spend on long-term leases on HAP, etc., and the value for money part of it. Could we have included in that, as part of the assessment at the end of the ten-year lease - it is mostly a ten-year lease for the long-term ones - the fact that the State does not have an asset? I will explain properly what I am asking. If the money is invested in social housing, which one cannot do all at once - private rented accommodation is a short-term interim solution that has become a long-term solution, unfortunately - either through the local authorities or an approved housing body, there is an asset in the form of a house which the local authority may sell to a tenant at a future date or continue renting, or which the approved housing body will continue renting. In terms of the note in relation to value for money on that, can Mr. Moloney include in the calculation the fact that there is not an asset at the end of the process? No matter how long HAP goes on or a lease goes on, there is not an asset for the State, the local authority or approved housing body at the end of that process. I am asking whether that can be factored in.