Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

The concern here is that the Minister has said that he expects to bring in €271 million from domestic water charges. What compliance rate is that based on? If it is going to cost €20 million to collect the charges and there is a non-compliance rate of 30%, that brings the income down to €190 million. If one takes €20 million from that, one is left with €170 million, and when one takes the water conservation grant, for which the Minister has budgeted €130 million, that leaves €40 million. The cost to date of setting up the corporate structure is more than €200 million, so he has already overshot the runway in terms of the cost of this. The economics of this do not add up. I am saying this honestly. This is voodoo economics. Will the Minister outline the level of compliance on which the €271 million is based on?

See this speech in context