Results 2,441-2,460 of 34,618 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: No, we do not.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Absolutely.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: That is not unusual for that Department.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: We do not have a response. Am I correct that the Valuation Office is under the remit of the Department of Justice and Equality?
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: We will. What we are trying to establish is the amount that each local authority received last year in respect of water assets.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: What was the total for last year?
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: For all global valuations or just Irish Water?
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: The global valuation amount was €203 million. That translated into €46 million in cash when the local multipliers were applied. Where can we get the list of what Irish Water is paying?
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: The correspondence states:Irish Water was designated as a public utility undertaking for the purposes of the Valuation Acts for the first time in 2019 and was recently valued as such. Details of its global valuation are set out in the Central Valuation List. We have that list here. Does that not indicate that it should have paid rates for 2019? Did the Department pay the rates for 2019?
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: We will write to Irish Water and the Commission for Regulation of Utilities, which has a direct hand in all these financial matters. This is a commercial issue for Irish Water. I do not believe this could have been done without the regulator's agreement. We will ask the regulator in case either organisation is slow in giving us the information. Some local authorities have already passed...
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: The central valuation list in this document produced by the Valuation Office shows Irish Water's valuation at €203 million. We will ask Irish Water and the regulator the actual payment schedule for 2020 for each local authority. We will ask the Department for an update. As the Deputy said, there were developments on the matter this week.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Correct.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: This is a policy issue of long standing. We have had various Bills on global valuation and the Valuation Office over the years. The logic is that the other way of doing it is to have the Valuation Office value every single asset in every individual local authority one by one. The Government felt that was an excessive use of resources at the time. It said to do a valuation and that this...
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: It was never exact. Some counties, if there is no gas network, do not come into the global valuation for Bord Gáis, for example, or Gas Networks Ireland, but most of the big counties do. There are some very big pieces of infrastructure in certain local authority areas. It was a simple way of doing it but is not an accurate assessment of the assets. That global valuation system is one...
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Yes, and we will ask the HEA its view-----
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: -----on this, not just in the case of Waterford but across the board. I refer to two other notes in the letter from WIT, one of which is good news. It says in respect of the financial year ending 31 August 2019, "The consolidated financial statements are currently undergoing a final draft stage and will be available for the C&AG by the prescribed due date of 30th November 2019." That...
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: We will see the financial statement for the end of August probably sometime in the new year.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Oh my God. I take it all back.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Yes, I think so.
- Public Accounts Committee: Business of Committee (21 Nov 2019)
Seán Fleming: Yes. It will be six months before Mr. McCarthy signs off on them.