Oireachtas Joint and Select Committees

Thursday, 26 October 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 34 - Housing, Local Government and Heritage
2021 Report of the Comptroller and Auditor General
Chapter 3: Central Government Funding of Local Authorities
Chapter 4: Accountability of the Central Funding of Local Authorities.

9:30 am

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail)
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What Mr. Doyle is saying is that if we had a very large capital fund we would be able to do that. The Ministers for Finance and Public Expenditure, National Development Plan Delivery and Reform have provided very large amounts of capital funding. This is funding that we do not want to spend on an ongoing, annual basis and funding that we do not want to have an inflationary impact in the wider economy. Should we not be using those capital funds to actually reduce costs to the State? In relation to the procurement of those 2,300 homes under the tenant in situscheme, have we done any analysis of how much that has reduced our current HAP expenditure? It should lead to a significant reduction because the State is no longer paying between €1,000 and €1,500 per month for each unit. Our current spending is reduced. What was the capital acquisition cost? We must take a value-for-money perspective here.