Oireachtas Joint and Select Committees

Tuesday, 15 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion

3:40 pm

Mr. Ian Talbot:

From our perspective, I agree with Dr. O'Connor that it is a moving target. We are, for example, concerned about the current rush of councillors to reduce the property tax by 15% because this will have a direct impact on budgetary figures. If these reductions come through, we will need to work out how they will be funded. Given the dispersed nature of our organisation, with affiliate chambers in 48 towns throughout the country, our resources are dispersed and we do not have the economic capability front of house to carry out the depth of analysis required to produce figures we can stand over. We are trying to pass on the local messages from around the country in regard to the issues that arise and to provide solutions to them.