RTÉ News understands that the Government has been told by local authorities around the country that the total bill for recent flood damage so far is €100m.
Minister for the Environment Phil Hogan said the Cabinet will discuss millions euros of additional funding for flood victims on Tuesday.
He was speaking in counties Waterford and Wexford where he visited residents and businesses still trying to recover from flooding of the past week.
The minister said he will be discussing with his colleague Minister for Public Expenditure and Reform Brendan Howlin how the money will be sourced and drawn down.
This includes an estimate of some flood protection measures that need to be taken.
It has also been revealed that an overall stimulus package for flood hit towns and cities will be announced in the coming weeks.
The details of that, which includes measures on insurance for householders, is currently being put together.
Met Éireann has issued wind warnings in addition to forecasting stormy conditions and prolonged showers.
It has issued a Status Orange weather warning for Munster along with counties Wexford and Galway - with winds gusting up to 130km an hour.
A Status Yellow weather warning is in place for counties Dublin, Louth, Wicklow and Meath.
The National Co-ordination Group, which is tasked with responding to severe weather conditions, has warned that heavy rainfall could lead to more flooding in places where rivers are already swollen.
Due to the adverse weather, Irish ferries cancelled its swift sailings to and from Holyhead. Passengers were accommodated on the cruise ferry sailings.
Stena Line also cancelled its Dublin to Holyhead sailings today as well as it's 12.30pm Rosslare to Fishguard sailing.
All intending passengers are urged to check the website of their travel operator for information.