Oireachtas Joint and Select Committees

Thursday, 16 November 2017

Public Accounts Committee

Tipperary Education and Training Board and Kildare and Wicklow Education and Training Board: Financial Statements

9:00 am

Mr. Hubert Loftus:

I can clarify the matter somewhat. There is a difference between having a deficit in a funding programme and having a loan. A deficit can be managed through cashflow. That is where deficits might have been mentioned by the Chairman.

Are there loans, as such, held by Education and Training Boards, ETBs?

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