Friday, 5 August 2011

Can MLAs do sums?

ACCORDING to the BBC website the Assembly is shelling out more than £1m each year for security, maintenance and running costs for a property that it wants to sell for £2.5m after buying it in 2001 for £9m.

Ormiston House is a historic property that deserves to be noted, acknowledged and protected, but that is what the planning service does.

The Assembly is not exactly a cheap legislature, so rather than shell out £1m plus would it not be easier to set up an auction where the highest bidder gets the property. It may not be the best solution, but the loss on a piece of capital will be more than made up for by the savings in running costs.

Perhaps the accountants, auditors and actuaries may not be happy at shifting the various monies across the columns of their ‘books’, but then again common sense may break out. If something costs you £1m per year with no real benefits, get rid of it!

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