The annual grant allocation to the National Traveller Money Advice and Budgeting Service for each of the years in question is set out in the table below:
Year
|
Funding Allocated
|
Actual funding drawn down by the company
|
2008
|
261,829
|
261,829
|
2009
|
307,010
|
307,939
|
2010
|
322,543
|
322,543
|
2011
|
318,999
|
255,671
|
2012
|
345,371
|
348,671
|
Since 2009, the Citizens Information Board (CIB) has responsibility for the provision of funding to the National Traveller Money Advice and Budgeting Service (MABS). In 2011 the allocation was reduced by €63,000 to take account of a surplus that had been built up by the company. In 2012, additional staff costs primarily account for the increased allocation. The 2013 allocation has not yet been approved by the Board. It is expected that the allocation will be approved before the end of February and I will advise the Deputy in due course.