Oireachtas Joint and Select Committees
Thursday, 22 March 2018
Public Accounts Committee
Business of Committee
9:00 am
Mr. Seamus McCarthy:
There are certain income streams in third level institutions. For example, let us say there is a bank on the campus that pays rent. The rents can be quite generous and we could be looking at €5 million or €6 million. That is referred to by the Department and by the third level institutions as being "own funding" or "own resources".