Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The estimate from the Department of Finance was very much linear, in other words, if activity increased by 1%, the increase in the yield would be a certain amount and if it increased by 2%, the yield would increase be Y amount. The estimate did not take account of behavioural changes and was, therefore, basic and crude. In addition, it did not take into account the exemption the Department introduced allowing 25% in the case of residential development to be exempt from the 4% increase. I accept that this is a policy matter, one with which I disagree. Is IFAC concerned about this aspect of the calculation? Given that the figures presented go to the credibility of the budget, is this a matter of concern for the council?