The information the Deputy had requested is detailed in the following table.
Under Section 12 of the Horse and Greyhound Racing Act, 2001 (No.20 of 2001), the horse and greyhound racing industries receive financial support from the State through the Horse and Greyhound Racing Fund (the Fund). In the period 2001 to 2017 a total of €1.12 billion has been paid from the Fund in accordance with the provisions of the Act. Monies are paid out of the fund in the ratio of 80% to Horse Racing Ireland and 20% to Bord na gCon as specified in Section 12 (6) of the Act. State funding provided through the Fund is pivotal to the survival of the horse and greyhound racing industries.
The Horse and Greyhound Racing Fund 2001-2018 (H&G Fund)
Year
|
Horse Racing Ireland
|
Bord na gCon
|
2001
|
€47,110,330
|
€11,777,583
|
2002
|
€54,452,651
|
€13,613,163
|
2003
|
€51,348,800
|
€12,837,200
|
2004
|
€53,531,200
|
€13,382,800
|
2005
|
€54,680,000
|
€13,670,000
|
2006
|
€56,047,000
|
€14,012,000
|
2007
|
€58,539,000
|
€14,572,000
|
2008
|
€61,028,800
|
€15,257,000
|
2009
|
€54,502,000
|
€13,625,600
|
2010
|
€47,411,200
|
€11,852,800
|
2011
|
€45,830,000
|
€11,460,000
|
2012
|
€45,032,000
|
€11,258,000
|
2013
|
€44,016,000
|
€11,004,000
|
2014
|
€43,376,000
|
€10,844,000
|
2015
|
€54,400,000
|
€13,600,000
|
2016
|
€59,200,000
|
€14,800,000
|
2017
|
€64,000,000
|
€16,000,000
|
2018
|
€64,000,000
|
€16,000,000
|
*The Department's Accounting and Financial management records are only available from 2001 onwards.