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.