Results 8,521-8,540 of 14,090 for speaker:Marc MacSharry
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Are there any views within the Department that it would like to see that moved exclusively to - while perhaps not the HFA - the NTMA directly or some other entity that would ensure that all borrowing was done on a centralised basis on the best possible terms?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Of course, but the option is still open to local authorities if they want money and it is not coming from the HFA and related to that. If Meath County Council wanted €10 million it is up to it to ask AIB what its best offer is.
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: My question initially was: is there any move in the Department, or is it Mr. McCarthy's view or would he undertake measures to try to have all borrowing for local authorities done by a vehicle that would ensure that instead of paying 8% commercially they might be closer to the 1.5% he mentioned if, for example, Meath County Council wanted to borrow €10 million to develop a park in the...
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: I am talking about-----
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: I know the Department would engage, but I am asking if it would proactively suggest through what was the county managers association or whatever normal liaison forum it has that it would seek to do that because inevitably local authorities seem to be paying punitive rates compared with those available to the HFA or the NTMA. That ultimately eats into the amount discretionary funds available...
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: What follow up measures are in place to ensure that purchases made are used for the purpose for which they were purchased? If a local authority bought land for housing after the Department sanctioned the loan and it used it for football fields or recreation, is there any follow-up procedure?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: I am a little unclear. If the Department sanctioned a local authority to borrow money to buy land for housing and it was not used for that, is there any follow-up or oversight? Are there any penalties, for example, if a local authority borrowed €10 million, bought land for housing and then used it for recreation?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: We have no direct remit over local authorities but the Department has a remit in terms of the local government audit service. How many professional and support staff are assigned to that local government audit service?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: It is not big deal, it is 31 or 32.
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Is the number sufficient?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Is the value for money remit of the audit service discretionary?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: I know that, but it is discretionary?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: The audit is the priority. Is the extent of value for money audits dependent on what is left over and what might be available? If that is the case, how does the service select what to scrutinise in terms of value for money?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: It is pretty discretionary.
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: I want to cite a specific example in Galway where 7.8 acres of land in the townland of Kerraun Rahoon, Galway were purchased by Galway City Council in 2008. We have no remit to call in the local authority. Was an application made to borrow money for the purchase of those lands, or is the Secretary General familiar with the case?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Was an application made by Galway City Council to borrow money for those lands?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: It is 7.8 acres in the townland of Kerraun Rahoon, Galway. The lands were purchased from Sawgrass Properties in late 2008.
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: Was that money borrowed through the Housing Finance Agency?
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: That was for the purpose of building houses.
- Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government (2 Mar 2017) Marc MacSharry: In that process would the Department, under section 106, have asked for valuations?