For 1998, the county enterprise board have been allocated £21.243 million, an increase of £0.092 million on the original 1997 Estimates allocation of £21.151 million.
The Joint Committee on Enterprise, Small Business and Trade considered a Supplementary Estimate of £1.5 million for the county enterprise boards on 4 December 1997, which is to go before the House for approval today. The Supplementary Estimate, if approved, will increase the expected outturn for the CEBs in 1997 to £22.651 million.
In addition to the allocation provided for in subhead G1 of my Department's Vote, it is worth noting that the county enterprise boards have access to a separate line of funding for their activities under measure 4 of sub-programme 1 of the Operational Programme for Local Urban and Rural Development, 1994-99. The boards' activities in management development training are co-financed by the ESF and receipts from the European Union are paid out of a suspense account administered by my Department. Receipts from the European Social Fund are expected to exceed £1 million in 1998, a figure broadly comparable to expenditure in 1997.