Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Committee on Budgetary Oversight

Local Property Tax Review: Discussion

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

My view is that we will be able to maintain other projects we have in the national development plan. When we made the decision earlier this year to pay the additional costs from the national children’s hospital without changing the capital ceilings earlier, I was told this would result in a variety of project cancellations. That has not happened. If earlier in the year I had increased the capital ceiling for the Department for the Government overall to pay for the additional costs of the national children’s hospital, I would now be facing a charge from the Irish Fiscal Advisory Council, IFAC, and no doubt from the Deputy, that we were increasing the total Government capital ceiling to chase the cost of a project. That is a precedent set-----

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