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Targeted Agricultural Modernisation Scheme

Dáil Éireann Debate, Thursday - 12 July 2018

Thursday, 12 July 2018

Questions (577)

Charlie McConalogue

Question:

577. Deputy Charlie McConalogue asked the Minister for Agriculture, Food and the Marine the position regarding funding approved for works in TAMS II applications that has yet to be drawn down and which will expire by the end of 2018; the number of applicants in this position; the value of funding approved not drawn down to date; if the funds will be carried forward; and if not, if they must be returned to the exchequer or the EU budget. [32186/18]

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Written answers

The allocated budget for the TAMS Schemes over the course of the RDP is €395m. The budget for 2018 is €70m.

To date the value of approvals which have not yet resulted in a payment claim is estimated at €140.4m. Payment claims continue to be received on an on going basis in respect of these applications. If the funding is not drawn down the budget will be available for other applicants. Applications, approvals and payment claims continue to be processed under all seven TAMS II measures.

Currently payments to the value of over €1.1m a week are being made in respect of claims submitted.

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