Oireachtas Joint and Select Committees
Thursday, 22 September 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020
9:30 am
Ms Suzanne Eade:
We would use Exchequer funding. When we get our annual budget allocation from the Department it is broken down into revenue and capital expenditure. Of that revenue allocation, we are given the amount we are allowed to spend on prize money. Generally, that is up to 80% of our revenue allocation from the Department.