The Office of the President is returning nearly €240,000 in allowance fees that were not spent during Michael D Higgins' term.
Áras An Uachtaráin this afternoon published its first ever overview of the work and expenditure of the Office of the President for a presidential term.
The review includes detailed information regarding the '1938 Allowance' - an annual allowance of over €317,000 paid by the Exchequer to support the President in the performance of their duty.
The payment came to the fore during the recent presidential election after it emerged it was not audited by the State.
During the campaign, President Higgins refused to release details of how his office spent the allowance.
Today Áras an Uachtaráin revealed that there was an underspend totalling €238,443 over his first seven years in office.
The figures reveal that most of the allowance went on food and beverages - an average of around €132,000 a year.
Hospitality and Entertaining averaged around €85,000 per year.
The Áras says the overall underspend will be returned to the Exchequer by the end of the year.