Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Public Accounts Committee
National Transport Authority - Financial Statement 2011
11:10 am
Mr. Gerry Murphy:
It was not actually self-funding from taxi licensing. The accounts for its final year of operation, 2010, show that the commission dipped into the surplus that had been built up, when large payments were made and when there was an explosion in the industry, to the tune of €2.8 million. It was essentially under-funded from licensing income and reliant on the surplus.