David Stanton (Cork East, Fine Gael)
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Question 297: To ask the Minister for Finance the cost of administering the cycle-to-work scheme in his Department in 2009; and if he will make a statement on the matter. [31712/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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There is no discernible cost to this Department's vote in administering the cycle to work scheme. The bicycles and equipment are paid for by way of salary sacrifice by those acquiring the bicycles. There would be minor costs in processing forms and in carrying the up-front costs until such time as those are offset by the gradual deductions from salary. Neither of these is quantifiable. The only material cost of the scheme to the State is the tax relief inherent in the scheme. The total amount sanctioned to date by way of cycle purchases for staff of this Department is €10,357.74.