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Questions on Promised Legislation (9 Feb 2017)

Eoin Ó Broin: In 2014, the Constitutional Convention recommended by a margin of 80% that the Government should enshrine the right to housing in the Constitution. A commitment in this regard was included in last year's programme for Government. I am sure the Tánaiste is aware that the Dáil Committee on Housing and Homelessness has also made a recommendation on this issue. Will the Government...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: Scottish Water, Welsh Water and the Commission for Energy Regulation (8 Feb 2017)

Eoin Ó Broin: I have a specific question for Mr. Millican first and then some questions for both witnesses. Scotland is unique in a European context in that it does not have domestic metered household charges based on consumption. To further tease out Deputy Brophy's questions, I am interested to know how much of the local authority charge goes to the water component. Is it a percentage depending on...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: Scottish Water, Welsh Water and the Commission for Energy Regulation (8 Feb 2017)

Eoin Ó Broin: Did that include the staff?

Order of Business (7 Feb 2017)

Eoin Ó Broin: In the programme for Government, there is a commitment to strengthen the social inclusion and community activation programme, SICAP, as well as to reactivate increased funding to rapid area projects throughout local authorities. My constituency, like many others, has seen projects funded through these streams - Traveller projects, youth projects, addiction projects and women's projects -...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: I thank the witnesses for the presentations. Irish Water's capital investment programme as outlined in the business plan year-on-year includes revenue funding but the majority is borrowed from private sources or the Irish Strategic Investment Fund, ISIF. If Government was to move to option three for cost reasons, as has been outlined, I presume that the balance between the smaller portion...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: There is no additional fiscal impact for Government from shifting that borrowing from private or ISIF to Government borrowing.

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: The interest that is being charged is still being charged to Irish Water and while it is a lower level of interest, it still has to work out where that comes from within its existing business model.

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: We know the parameters within which borrowed funding for Irish Water has operated and I am very clear on the cost of the short-term borrowing as the €20 million figure that is in the report, but what is the projected cumulative cost of the borrowing from 2014 to 2017? According to Irish Water there is additional borrowing from 2018 to 2021 and I would like to know what the...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Some €35 million.

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Assuming nothing is changing this year, what will the annual cost be?

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Another €20 million is added to the €34 million, so it is about €54 million. Is there a figure for the difference between the cost of the finance between 2018 and 2021 from the original business plan versus option three?

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Is the figure of €14 million an annual or cumulative figure for the years 2018 to 2021?

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: From my understanding, depending on the outcome of this committee and the deliberations of the Government, Irish Water is considering returning to the application for the off-balance sheet status in 2018 or 2019. There are two issues connected to that. When the Department of Finance representatives came before the committee some weeks ago, Deputy Murphy asked them a question on EUROSTAT....

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: I ask Ms Fitzpatrick to put the term "economically significant prices" in plain English.

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: In trying to work out the economic cost, the level of borrowing projected for capital investment would have to be taken into account. If one water utility had a very low level of projected borrowing, that would impact on how EUROSTAT viewed that test, whereas a very high level, such as in the case of Irish Water, could also have an impact.

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Will the capital funding post-2019 remain on or off-balance sheet? Would Irish Water be able to sustain the projected capital investment post-2019 within the existing debt rules that have been subscribed if the figure is on-balance sheet?

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: My last-----

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: This is my last question to the Department. One of the issues the committee has to consider is that of a charge for excess or wasteful use of water. There are two relevant questions that I think we are all interested in. Depending on where one pegs average household or personal use, what would be the potential revenue stream from it versus the cost of administering such a scheme?...

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: This is separate to metering. This is more in terms of-----

Joint Oireachtas Committee on the Future Funding of Domestic Water Services: NewERA, National Treasury Management Agency (7 Feb 2017)

Eoin Ó Broin: Has the Department started looking at the issue? Can it provide the committee any information on it?

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