Oireachtas Joint and Select Committees
Thursday, 27 September 2012
Public Accounts Committee
Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits
12:20 pm
Mr. Seamus McCarthy:
-----was showing that it was 55% State funding. I think that includes research funding, which would not be included in this €1.5 billion. I think the Deputy’s point is that €700 million is half of the State grant. It would possibly be a quarter, of the total turnover, so it represents three months.
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