Results 10,501-10,520 of 26,579 for speaker:John McGuinness

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: You will not know that anyway.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: If we could have all of the documentation relevant to what the local authorities gave to Irish Water then we would be able to analyse the figures for ourselves. Could we have the information as soon as possible?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: I have a question. If you set out in 2014 to file the different allowances that are being granted and passed on by Irish Water, how did you factor into that figure the difference between what the Government set out to do and where it actually arrived because it changed the goalposts in the process? Is there not a greater buy-out now of all of those allowances that must be granted by Irish...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: Okay. I want to clarify a point raised about the subvention. Regarding the figure for subventions over 2014, 2015 and 2016, as outlined, what mechanism is in place to audit how that is dealt with once it is paid over? Mr. McCarthy said the Department is buying the allowances, so to speak, that are being given by Irish Water. How does it quantify that? Does it get a list of household...

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: No. For 2014 the Department is going to give Irish Water €439 million, and €399 million in 2015. On what is that based? How does it quantify it? Does it get an invoice for it, and does that invoice set out in detail how the Department arrived at the figure for the subvention?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: That is for 2015.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: So Ms Graham's guesstimate for 2014 is €439 million.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: The Department just took that figure and paid it to Irish Water.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: That subvention dropped in 2015, and it goes back up again in 2016 from €399 million to €479 million. How did the Department estimate those figures?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: The Department arrived at these figures of €399 million and €479 million. Is that right?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: On what were those figures based? Were they based on information from the regulator, the local authorities-----

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: Is this where the Department has the letter in place with them-----

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: -----or does that relate to the capital?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: For the subvention.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: And the expectations letter will set out further details.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: What is the legal status of both the funding letter and the expectation letter? I think I want Ms Graham to be my bank manager. That is simple enough, is it not? What is the status of both of these letters?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: To refer to the loans, there is a loan of €250 million in 2013 and a loan of €50 million in 2014. What is the interest rate on the loan?

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: And the Department will get that loan of €300 million paid back, with interest, at the end of-----

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: But the Department will get its money back, with interest, at the end of-----

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: The next question in regard to central funding is the capital contribution. The Department is making capital contributions on top of all of this in 2014, 2015 and 2016 of €185 million, €222 million and €184 million. Is money to be given back to the Department? Is that redeemable in some way?