Oireachtas Joint and Select Committees
Wednesday, 15 November 2023
Joint Oireachtas Committee on Agriculture, Food and the Marine
Challenges Facing the Horse Sport Industry: Horse Sport Ireland (Resumed)
Mr. Killian Carroll:
Essentially, we have two major State funders, namely, Sport Ireland and the Department of Agriculture, Food and the Marine. The funding that is received from the Department of agriculture is through recoupment. Therefore, we need to spend and then recoup. That creates its challenges around cash flow and timing of payments. As I described earlier, we are very busy at this time of year because we are having to pay out and then recoup the money from the Department. We work as well as we can together, but the fact that it is concentrated into a period of time and it is of this nature creates challenges within the organisation in terms of management.