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Results 441-460 of 1,124,047 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Joe O'Brien OR speaker:Neasa Hourigan OR speaker:Simon Harris OR speaker:John McGuinness OR speaker:Paul Donnelly OR speaker:Michael Lowry OR speaker:Bríd Smith OR speaker:Micheál Martin OR speaker:Ossian Smyth OR speaker:James Lawless OR speaker:Hildegarde Naughton OR speaker:Thomas Byrne OR speaker:Danny Healy-Rae OR speaker:Cathal Berry OR speaker:Paul Murphy OR speaker:Cormac Devlin OR speaker:John Lahart OR speaker:Ivana Bacik OR speaker:Louise O'Reilly OR speaker:Michael McGrath OR speaker:Alan Kelly OR speaker:Brian Stanley OR speaker:Michael Collins OR speaker:Emer Higgins OR speaker:Peter Fitzpatrick OR speaker:Michael Creed OR speaker:Aindrias Moynihan OR speaker:Helen McEntee OR speaker:John Brady)

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: Going back to Project Tosaigh and the sites the LDA has acquired that have planning permission, Mr. Coleman said some of them are not straightforward and I accept that. He said there were 8,000 units proposed to be constructed through Project Tosaigh by 2028. How many units were delivered under Project Tosaigh last year? How many are to be delivered by the end this year?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: How are these sites, with planning through Project Tosaigh, acquired? How do they come to the LDA's attention and what is the optimal number involved? What criteria apply in deciding whether a site should or should not be selected?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: Is that the home builder partnership as opposed to direct delivery by the LDA?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: Shanganagh.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: That makes sense. I thank Mr. Coleman for that clarification. Turning to the C and AG's report, one of the issues - this is also highlighted in the LDA's financial statements - is the reliance on the spreadsheet accounting system. On the basis of what Mr. Coleman said, we know that this is being addressed right now. The LDA was incorporated in March 2022. Obviously, there was an unfunded...

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: What did it cost?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: I am just limited on time. I just need a cost please, if Mrs Henehan would not mind.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: I only have one minute remaining. On the pensions arrangements, for, relatively speaking, a fledging organisation, there seems to be quite an array of pension arrangements for staff. There are 83 in total. Will Mr. Coleman outline the rationale behind that and indicate why there is such variance between the pension arrangements in place for different staff?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Cormac Devlin: I thank Mr. Coleman very much for all that. I appreciate it.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Would somebody from the Department explain? Perhaps Mr. O'Sullivan can confirm that? Certainly at least some of the funding was off-balance sheet.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Just to clarify, that is all capital expenditure, Mr. O'Sullivan.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Off-balance sheet changes things.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: Take your time, Deputy. If we need to go over time by a few minutes that is okay.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: If it is useful at this point, the amount that came from ISIF is €1.25 billion. Is that correct?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: No, it is only that part of it. To clarify, it is only €1.25 billion. The LDA has to fund a plan with €6.25 billion. Is that correct?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: There will be a second round and I will bring the Deputy back in.

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I am conscious of people looking in here. There is a lot of back and forth. The Deputy has been trying to tease out the sources of funding and then what is and is not on the State balance sheet. In his opening statement, Mr. Coleman said, "We have already received funding commitments of €2.5 billion.", from Government and half of that is from ISIF. Is that correct?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: I am trying to keep it simple. Mr. Coleman said, in his opening statement, that the agency has received a commitment for €2.5 billion. One part of that is a commitment for €1.25 billion. Is that the ISIF money, "Yes" or "No"?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: From ISIF?

Public Accounts Committee: Financial Statements 2023: Land Development Agency (10 Oct 2024)

Brian Stanley: There is €2.5 billion from ISIF. On the next part then, did Mr. Coleman say that there is a further €1.25 billion from budget 2025?

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