Seven of the twelve State Bodies under the aegis of my Department have received or will receive in excess of €1 million in funding from my Department in 2017. It should be noted that the State Bodies in question receive funding from my Department to enable delivery of their statutory functions.
My Department is currently finalising an Oversight and Performance Agreement, based on the Department of Public Expenditure Code of Practice for the Governance of State Bodies, which will be implemented across the twelve Bodies.
My Department provides in excess of €1 million in Exchequer funding to two other organisations, Enterprise Ireland (EI) and Horse Sport Ireland (HSI). The position in relation to EI is that my Department’s funding is included in a Service Level Agreement (SLA) between EI and its parent Department, Enterprise and Innovation (DEI). My Department also has an SLA with HSI.
Details of the State Bodies and organisations, the amount of funding and the oversight arrangements are set out in the attached table.
State Body/Organisation
|
Amount
€ (million)
|
Oversight and Performance Agreement (OPA)/Service Level Agreement (SLA)
|
1. Bord Bia
|
40.5
|
OPA
|
2. Bord Iascaigh Mhara
|
44.1
|
OPA
|
3. Bord na gCon
|
16.0
|
OPA
|
4. Horse Racing Ireland
|
64.0
|
OPA
|
5. Marine Institute
|
31.6
|
OPA
|
6. Sea Fisheries Protection Authority
|
12.8
|
OPA
|
7. Teagasc
|
128.0
|
OPA
|
8. Enterprise Ireland
|
4.0
|
Covered by DEI SLA
|
9. Horse Sport Ireland
|
2.0
|
SLA
|