Oireachtas Joint and Select Committees

Thursday, 7 July 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education
2018 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 7 - Purchase of Sites for School Provision
2019 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 8 - Management of the Schools Estate

9:30 am

Mr. Hubert Loftus:

The sorts of rental arrangements that might be worked through in that type of situation are done on a case-by-case basis. They reflect the circumstances of an individual school in respect of the level of investment that might have been made in that school in modern times, for example, as well as the level of future investment that might be planned. Those are the types of factors that come into play in that kind of scenario. To give the Deputy a guide, some schools would have been done through that process in the past and the sorts of rental arrangements might have been of the order of 10% of what might have been deemed local market rents.