Oireachtas Joint and Select Committees
Thursday, 18 May 2017
Public Accounts Committee
Bord na gCon: Financial Statements 2015 (Resumed)
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I have figures that in 2014 the board received €10.8 million funding, of which it paid €5.3 million in prize money, which is 49% of the money going to prize money. In 2015 it received €13.6 million funding and paid €4.5 million in prize money, which is 33% of the funding going to prize money. There is a big reduction even though the IGB got more money. There were expenses increases of €1.6 million in 2015 as against 2014. We went through this previously and it includes legal, regulation and marketing. However the prize money has a surplus of €2.3 million. Why did this extra money not go to prize money?
No comments