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Departmental Funding

Dáil Éireann Debate, Tuesday - 28 April 2026

Tuesday, 28 April 2026

Questions (436)

Conor D McGuinness

Question:

436. Deputy Conor D. McGuinness asked the Tánaiste and Minister for Finance the total allocation of funding to each State agency under his Department's remit, broken down by the allocation to each agency, for each of the past 15 years, in tabular form. [30794/26]

View answer

Written answers

The Bodies under the Aegis of my Department have provided the following information:

Tax Appeals Commission (TAC)

TAC is a Body under the Aegis of the Department of Finance with its own vote (Vote 10) and is allocated funding through the Revised Estimates. Details of funding allocations for TAC, including the breakdown of current and capital funding to State agencies, are provided in the Revised Estimates Volumes, available online at:

www.gov.ie/en/department-of-public-expenditure-infrastructure-public-service-reform-and-digitalisation/collections/the-revised-estimates-volumes-for-the-public-service/.

Office of the Revenue Commissioners

Year

V09 – Revenue Commissioners

Allocation of Funding

Total (€’000)

2026

610,728

2025

562,269

2024

532,136

2023

526,204

2022

441,102

2021

441,727

2020

411,794

2019

382,684

2018

356,879

2017

341,141

2016

331,113

2015

329,481

2014

320,463

2013

322,705

2012

311,978

2011

325,172

Central Bank (CBI)

The Central Bank of Ireland is an independent body self-funded through a diversified funding model. The Central Bank generates revenue through multiple sources, including seigniorage from banknote issuance, investment returns from its portfolio of assets, banking services provided to the Government and other financial institutions, and an annual funding levy collected from regulated financial firms. By law, the Central Bank retains up to 20 per cent of its annual profits to support its operations and build financial reserves, whilst the remaining 80 per cent is returned to the Government to benefit the Irish public.

The Minister for Finance gave the Central Bank responsibility to establish and operate the Ireland Safe-Deposit Box, Bank & Payments Accounts Register (ISBAR) and the Department of Finance has provided funding to cover the establishment costs, ongoing operational costs incurred by the Central Bank, and any costs arising from changes.

This funding model is one where costs incurred by the Central Bank are recovered in arrears from the Department of Finance, so it is a reimbursement of costs incurred rather than an allocation of funds. An ECB opinion sets out that Anti Money Laundering (AML) registers are a Government mandate and therefore are an atypical mandate for a Central Bank. The opinion sets out that costs incurred by the Central Bank on such activities must be fully reimbursed.

The Central Bank has also received funding from the Department of Finance in respect of the BORIS project, which will connect the three beneficial ownership registers to a European interconnection mechanism.

The aggregated funding received by the Central Bank in respect of these two projects is detailed in the table below.

-

2020 (€s)

2021 (€s)

2022 (€s)

2023 (€s)

2024 (€s)

2025 (€s)

Total (€s)

Total ISBAR

181,106

799,399

986,862

978,390

452,336

374,105

3,772,198

Total BORIS

0

0

512,202

391,907

6,437

6,518

917,064

AML Registers - Central Fund Total

181,106

799,399

1,499,064

1,370,297

458,773

380,623

4,689,262

Financial Services and Pensions Ombudsman (FSPO)

The FSPO was established on 01 January 2018 to resolve complaints from consumers, including small businesses and other organisations, against financial service providers or pension providers. The FSPO annual budget is funded through two distinct sources; the financial services complaints are funded by a levy on the financial services industry and the pensions complaints are funded by the Exchequer, through the Department of Finance. The Exchequer allocation of funding is detailed below.

-

Allocation of Funding (€’s) Total

2026 – to date

916,000

2025

849,274

2024

525,000

2023

479,267

2022

490,596

2021

482,586

2020

768,000

2019

691,889

2018

950,000

2017

N/A

2016

N/A

2015

N/A

2014

N/A

2013

N/A

2012

N/A

2011

N/A

Irish Fiscal Advisory Council (IFAC)

IFAC was established on a statutory basis with the enactment of the Fiscal Responsibility Act (FRA) 2012*.? Under the FRA 2012, the Fiscal Council’s annual funding ceiling was set at €800,000 for the year after its enactment and indexed annually according to HICP thereafter (table below refers).? It is funded directly from the Central Fund.

-

Allocation of Funding (€’s) Total

2026

1,004,535

2025

983,873

2024

971,247

2023

923,239

2022

854,060

2021

834,043

2020

838,234

2019

829,114

2018

822,534

2017

820,892

2016

822,537

2015

823,360

2014

820,080

2013

*800,000

2012

N/A

2011

N/A

The Office of the Comptroller and Auditor General (OCAG)

The Office of the Comptroller and Auditor General is part of the Finance group of Votes. The total gross allocation of funding, as approved in the Revised Estimates for Public Services, for each of the past 15 years is as follows.

-

Allocation of Funding (€’s) Total

2026 – to date

20,363,000

2025

19,028,000

2024

18,156,000

2023

17,226,000

2022

16,050,000

2021

15,506,000

2020

15,147,000

2019

14,638,000

2018

13,977,000

2017

12,642,000

2016

12,520,000

2015

12,557,000

2014

11,797,000

2013

11,852,000

2012

12,466,000

2011

12,910,000

The Credit Union Restructuring Board (ReBo)

ReBo was established on 1 January 2013 to implement a national restructuring programme for the credit union sector, as recommended by the Commission on Credit Unions. ReBo completed 82 restructuring projects involving 156 credit unions across 24 counties, with combined assets of approximately €6bn. ReBo ceased operations on 31 March 2017 and is awaiting formal dissolution.

While ReBo was in operation, between 2013 and 2017, it was required to make regulations for a levy payable by credit unions equivalent to half the total expenditure ReBo incurred annually. The total recouped via this levy in those years was €11,032,025.

-

Allocation of Funding (€’s) Total

2026 – to date

0

2025

10,073

2024

21,142

2023

11,147

2022

18,627

2021

14,700

2020

3,984

2019

3,919

2018

1,332

2017

2,635,354

2016

13,475,582

2015

3,445,898

2014

2,452,847

2013

693,102

2012

N/A

2011

N/A

Strategic Banking Corporation of Ireland (SBCI)

The Minister for Finance has provided funding to the SBCI as detailed in the below table.

-

Allocation of Funding (€’s) Total

2026 – to date

N/A

2025

N/A

2024

N/A

2023

N/A

2022

N/A

2021

N/A

2020

€50 million (share capital)

2019

N/A

2018

N/A

2017

€25 million (share capital)

2016

N/A

2015

N/A

2014

€10 million (equity)

2013

N/A

2012

N/A

2011

N/A

The SBCI operates loan schemes on behalf of other Departments, for example the Growth and Sustainability Loan Scheme is operated on behalf of Department of Enterprise, Tourism and Employment and Department of Agriculture Fisheries and the Marine. There are operational costs associated with these loan schemes. These are remunerated to the SBCI by the relevant Departments.

The Disabled Drivers Medical Board of Appeal (DDMBA)

-

Allocation of Funding (€’s) Total

2026 – to date

67,073

2025

216,483

2024

322,295

2023

81,360

2022

79,166

2021

311,967

2020

289,232

2019

315,410

2018

301,633

2017

276,530

2016

319,539

2015

327,460

2014

289,235

2013

351,890

2012

331,582

2011

325,543

The remaining Bodies under the Aegis of my Department provided a nil return.

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