The Fiscal Responsibility Act 2012 established the Irish Fiscal Advisory Council on a statutory basis in December 2012. The Council consists of five members, including the Chair. Further details about the operating costs and the number of staff employed by the Council set out for 2013 and 2014 in the following table can be accessed in the Annual Accounts of the Council which are published on the Council's website (www.fiscalcouncil.ie)
For 2015, an amount of €647,852 has been transferred to the Fiscal Council from the Central Fund to cover its operating costs. However, it should be noted that this amount remains subject to audit before being finalised.
Year
|
Total operational cost
|
Number of staff
|
2013
|
€480,941
|
3
|
2014
|
€605,714
|
5
|
2015
|
€647,852
|
6
|