Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Public Accounts Committee

National Transport Authority - Financial Statement 2011

10:40 am

Mr. Gerry Murphy:

Generally what happens is that the NTA is given an idea of the order of the cut but it depends on the culmination of the budgetary process. We would have done an analysis and then announce a fares increase. This year we announced the fares increase in advance. The multi-annual programme has been determined out to 2014 so we know the allocation for public transport subsidies, and we know exactly what we will get next year. There will be another cut of approximately 7% next year as well. The definite figures are contained in the Government programme.

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