Disbursement of outstanding funds for Fiscal 2014/15

The National Carnival Commission of Trinidad and Tobago (NCC) wishes to announce that all outstanding subventions for our Special Interest Groups (SIGs) – Pan Trinbago, the National Carnival Bands Association (NCBA) and the Trinbago Unified Calysonians Organisation (TUCO) – will be disbursed on/by Monday June 8, 2015.

To date, the Commission has already disbursed over $48 million to the SIGs to cover their respective operational expenses and have invested over $50 million towards infrastructural support for the Carnival 2015 period.

The disbursements are as follows:

Special Interest Group (SIG)	NCBA	Pantrinbago	TUCO
Total approved - $m	$14,000,000	$34,200,000	$10,800,000
Already paid - $m	$9,080,000	$32,489,150	$7,146,008
Balance outstanding - $m	$4,920,000	$1,710,850	$3,653,992

We further advise that the payments which will be effected on June 8, 2015 represent the full and final payment due to the SIG's