Results 12,421-12,440 of 26,610 for speaker:David Cullinane
- Public Accounts Committee: Kildare and Wicklow Education and Training Board: Financial Statements 2015 (21 Feb 2019)
David Cullinane: Is it puzzling to the Comptroller and Auditor General that the construction was speeded up?
- Public Accounts Committee: Kildare and Wicklow Education and Training Board: Financial Statements 2015 (21 Feb 2019)
David Cullinane: I thank Mr. McCarthy. My final question is to Mr. Ó Foghlú and relates to the Act, which underpins the work of the ETBs. I imagine he would agree with the observations made by the Comptroller and Auditor General and me in this matter. There were two supplementary reports, one of which related to the VECs, although there was some crossover with the issues that emerged at the...
- Public Accounts Committee: Kildare and Wicklow Education and Training Board: Financial Statements 2015 (21 Feb 2019)
David Cullinane: The provisions of the Act are pretty meaningless if they were not invoked in this instance. The Act is there but it is not much use.
- Public Accounts Committee: Kildare and Wicklow Education and Training Board: Financial Statements 2015 (21 Feb 2019)
David Cullinane: I heard what he said.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: I thank the witnesses for appearing before us on a voluntary basis. I also thank them their opening statements and for being in a position to help us with our work in this area. I will start with Dr. McManus and develop some of the points he made in this opening statement on how approved housing bodies are funded. He spoke of the changes in 2010, I think it was, to a mixed funding. AHBs,...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: There is some element of it, and it is quite small, that might come through banks or private investment.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: Okay. Where does the Housing Finance Agency finance come from?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: In that case the dominant funding model would be 30% upfront loan, the capital advanced leasing facility, CALF, payment as it is called, and more often than not the majority of the 70% has come from the Housing Finance Agency.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: The State pays the approved housing body a monthly payment for 25 years. Is that correct?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: The approved housing body would then pay down the loan, and when that is done it would repay the State the 30%. Is that correct?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: Who owns the property then?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: Is there any issue there with regard to State ownership? Much of this started in 1991 so the first stream of housing from that process will be coming into the ownership of the approved housing bodies. Since 1991 these schemes have been funded primarily through State funding, yet the approved housing bodies will end up owning the properties. While it might be illogical that they could...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: I asked because it is an issue that has been dealt with in the Committee on Housing, Planning and Local Government. A special committee on housing was established after the previous general election and it examined a range of issues relating to housing. One of the main issues was that we do not have enough public or social housing. In fairness to the approved housing bodies, they do not...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: It is not a theory. It is the case.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: That brings me to Dr. Rhodes. Will she expand on that point? What role will the regulation play in terms of ownership of the properties, given that the State played a significant part in making sure these properties were funded and then they are in the full ownership of the approved housing bodies? What protections are there to ensure those properties remain in use for public and social...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: That might be the case for some. How many approved housing bodies are there?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: They are very diverse. My point is that some of them might have an ethos but we just do not know-----
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: If at some point they owned the properties, the charities legislation would not prevent them from using the properties for a different purpose.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: My next question is about the notion that funding for approved housing bodies could go off-balance sheet. Am I correct that it is the stated intention of the Department, or at least its desire, that this would be the case?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (21 Feb 2019) David Cullinane: I should have been more specific. I meant off the State's balance sheet. That is the stated intention of the Department but it would have to get approval from EUROSTAT for that to happen.