Results 10,961-10,980 of 20,797 for speaker:Alan Kelly
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Ulster Bank.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: To facilitate the purchase of the IMI property, what is the term of the loan?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: What is the repayment amount?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Yes.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Do the witnesses think they negotiated that deal well?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Earlier, the president of UCC said that no public funds were used in the acquisition of the IMI but, effectively, it is financed. There is a debt as a result that now must be paid over 20 years at this interest rate.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: If no public funds were used, then who will pay back the debt?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Who funds UCC?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Who funds UCC?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Who is UCC's main funding source?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Yes.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Who is going to pay back the loan?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Who is going to pay back the loan? UCC is going to pay it back.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Can the president of UCC tell me who will pay back the loan?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: What percentage of UCC's funding is provided by the taxpayer?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: My questions are for the president of UCC. Is it 47%?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Approximately half of the university's funding is from the taxpayer. The loan will be paid back by UCC so the taxpayer will have to fund 47% -let us say 50% -of that.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Why?
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Ultimately, this all goes into the pot. Let us look at a pie chart on how the college is funded. The witnesses have said that 47% of it is funded by the taxpayer. Is that right? The totality of the college.
- Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)
Alan Kelly: Let us not split hairs and get down to Bauhaus basic financial management. UCC will pay back a loan over 20 years for this and 47% of the funding that goes into UCC comes from the taxpayer. Proportionality shows that 47% of this loan will be paid by the taxpayer.