Written answers

Wednesday, 27 October 2010

Department of Finance

Departmental Agencies

8:00 pm

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Fine Gael)
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Question 218: To ask the Minister for Finance the number of board members sitting on the boards of each State agency under his Department's control; and if he will make a statement on the matter. [39236/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The number of sitting board members on bodies under the aegis of my Department are set out in the following table.

Bodies under the aegis of the Department of Finance

Body NameNumber sitting on the Board
Adjudicator for Civil Service Conciliation and Arbitration Scheme, Teachers Conciliation & Arbitration Scheme, Gardaí Conciliation & Arbitration Scheme and Defence Forces Conciliation & Arbitration Scheme.6
Anglo Irish Bank6 1.
An Post National Lottery Company7
Central Bank Commission9-12
Civil Service Disciplinary Appeals Board3
Credit Union Advisory Committee7
Decentralisation Implementation Group6
Disabled Drivers Medical Board of Appeal5 2.
European Bank for Reconstruction and Development1
European Investment Bank 3
Financial Services Ombudsman Council7
Independent Mediation Officer for the Civil Service Grievance Procedure1
Irish Nationwide Building SocietySee note 3
International Monetary Fund1
Irish Financial Services Appeals Tribunal7
National Development Finance Agency (NDFA)8
National Pensions Reserve Fund Commission7
National Treasury Management Agency Advisory Committee7
National Asset Management Agency9
Outside Appointments Board5
Public Appointments Service Board9
Sealúchais Árachais Teoranta2
State Claims Agency Policy Committee7
Valuation Tribunal20

1. There is no set number of board members for Anglo Irish Bank

2. There is no set number of members for the Disabled Drivers Medical Board of Appeal.

3. There is no set number of board members appointed to the Board of Irish Nationwide Building Society.

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Fine Gael)
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Question 219: To ask the Minister for Finance the annual budget of each State agency under his Department's control in each of the years 2006, 2007, 2008, 2009 and to date in 2010; and if he will make a statement on the matter. [39250/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The annual budgets for the civil service agencies which come under the aegis of my Department are published in the book of estimates each year. The annual budgets for the other State Agencies which come under the aegis of my Department are set out below.

National Treasury Management Agency

The following figures include the budgeted costs in respect of the National Asset Management Agency for which the National Treasury Management Agency will be reimbursed by the National Asset Management Agency

YearBudget for year
2006€30m
2007€34m
2008€38m
2009€43m
2010€60m

Special EU Programmes Body

The following information has been supplied by the Special EU Programmes Body in relation to budgets for 2006-2010. The information supplied is based on budget allocations as outlined within the respective Annual Special EU Programmes Body Business Plans as agreed by the North South Ministerial Council.

Table 1 below outlines the financial resources in respect of administration and operating costs which are provided via an agreed budget with Sponsor Departments. It should be noted that these budgets are apportioned in various combinations between the Department of Finance and the Department of Finance and Personnel.

Table 1: Special EU Programmes Body

Annual Budgets 2006-2010

YearAdministration / Operating Costs Budget for Year€'000Apportionment of CostsExchange Rates
20063,21856% North: 44% South(€1:£0.69)
20073,34556% North: 44% South(€1:£0.69)
20084,06453% North: 47% South(€1:€0.67)
20093,76255% North: 45% South(€1:€0.78)
20102,53353% North: 47% South(€1: £0.89)

The Special EU Programmes Body is also responsible for the management of a significant amount of Programme funds under the current (2007-2013) and previous (2000-2006) funding periods. The budgets as outlined within the respective Business Plans are outlined in Table 2 below. Annual budgets associated with these Programme funds are based on the value of the Euro funds required for the Central Payments Unit to make payment requests to projects to cover European N+2 expenditure targets as set down within the Operational Programmes. These figures also take into account any advance payments required by projects.

Please note that the figures outlined within Table 2 reflect European Regional Development Fund and match contributions for Ireland and Northern Ireland. Funding for Tripartite projects under the INTERREG IVA Programme would also contain an element of Scottish Match funding.

Table 2: Total Annual Programme Expenditure of the Special EU Programmes Body

YearProgrammes Budgets€'000Exchange Rates
2006294,6891(€1:£0.69)
2007111,59721:£0.69(€)
200821,4743(€1:€0.67)
200952,1594(€1:€0.78)
201067,6595(€1: £0.89

Note: Business Plans 2006 and 2007 did not outline agreed Programme Costs in the same format as Business Plans 2008, 2009 and 2010. Figures for 2006 and 2007 are therefore based on Annual N+2 Expenditure Targets outlined for these years within the Business Plans for these years.

1 Figures presented are based on Annual N+2 Expenditure Targets for 2006 for the PEACE II and INTERREG IIIA Programme, as outlined within Business Plan 2006.

2 Figures presented are based on Annual N+2 Expenditure Targets for 2007 for the PEACE II and INTERREG IIIA Programme, as outlined within Business Plan 2007.

3 Figures outlined are based on Programme Costs outlined within Business Plan 2008 for INTERREG IVA and PEACE III Programmes.

4 Figures outlined are based on Programme Costs outlined within Business Plan 2009 for INTERREG IVA and PEACE III Programmes.

5 Figures outlined are based on Programme Costs outlined within Business Plan 2010 for INTERREG IVA and PEACE III.

Cvil Service Arbitration Body

Details in respect of the Civil Service Arbitration Board (including the Adjudicator)

Civil Service Disciplinary Code Appeal Board and Independent Mediator for the Civil Service are as follows:

YearBudget for year
2006€70,000
2007€70,000
2008€70,000
2009€70,000
2010€70,000

The Central Bank of Ireland and Financial Regulator

The Central Bank of Ireland has supplied the following information in relation to the

Financial Regulator and the Central Bank of Ireland for the period 2006 to 2010.

Financial Regulator

YearBudget for year**
2006€48.6m
2007€51.5m
2008€55.7m
2009€63.5m
2010€78.07m

CBFSAI

YearBudget for year
2006€108.1m
2007€115.7m
2008€135.8m
2009€125.4m
2010

**Funded on a 50/50 basis with 50% industry levy funding and 50% Central Bank subvention

YearBodyTotal Net IncomeExpensesProfit for year
2006CBFSAI€209.7m€108.1m€101.1m
2007CBFSAI€334.5m€115.7m€228m
2008CBFSAI€484m€135.8m€364.2m
2009CBFSAI€1,053,528m€125.4m€933.8m
2010Central Bankn/a

Financial Services Appeals Tribunal

YearBudget for year
2006n/a
2007€452,630
2008€488,230
2009€419,166
2010€529,602

Financial Services Ombudsmans Council

YearBudget for year
2006n/a
2007€452,630
2008€488,230
2009€419,166
2010€529,602

The Disabled Drivers Medical Board of Appeal

The Disabled Drivers Medical Board of Appeal is hosted by the National Rehabilitation Hospital (NRH), Rochestown Avenue, Dun Laoghaire, Co. Dublin on behalf of the Department of Finance and the cost of the Board has been recouped to the NRH since 2005 from the Department of Finance Vote.

YearBudget
2006€279,653
2007€285,539
2008€320,323
2009€371,467
2010 (est)€350,000

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