Dublin City Council has adjourned a debate on proposed increases to certain charges in the city including council rents, commercial rates and the Tom Clarke Bridge (East Link) toll.
The decision came after councillors from a number of parties voiced their opposition to the budget proposals.
The Council will meet again next Monday to debate the issues.
Fianna Fáil's Deirdre Heney called on the Government to refrain from "taking €8.4m" from the council's budget due to the loss of rates to Irish Water.
Cllr Heney also criticised the fact that the extra revenue that would be generated if council rents were increased would be used to meet the cost of bringing empty housing units back into use.
The Green Party's Neasa Hourigan described the budget as an "abject failure" that would see the most vulnerable Dubliners pay for the "largess" of the Government.
Cllr Hourigan described the budget as a "financial sleight of hand by Fine Gael" which would see rents rise and leave a "black hole" in the city's finances which, she said, every Dubliner will suffer as a result of.
The leader of the Independent grouping, Cllr Ciaran Perry, said the debate needed to be adjourned to allow the council consider its options and arrange a meeting with the Minister.
But Fine Gael Cllr Paddy McCarten rejected the criticisms leveled at his party and said it was up to the council to deliver the budget rather than walk away from its responsibilities.
Labour and Sinn Féin echoed those calls for a decision on the budget to be deferred until a meeting with the minister could be arranged.
The Lord Mayor of Dublin, Fianna Fáil's Paul McAuliffe, said Dublin City councillors had a responsibility to pass a budget but they also had a responsibility to the people of Dublin.
He described the proposals as "unpalatable choices" and he said the council should use the adjournment to put pressure on decision makers.
He circulated a letter he sent to the Minister for Finance earlier this week in which he said the council only became aware of the new way rate payments were being calculated in October.
He said the Government had committed that the transition to Irish Water would be revenue neutral for local authorities.
And he said while Dublin City Council would have "severely reduced funds" other local authorities would receive "windfall gains".
In a statement this evening, the Department of Housing, Planning and Local Government said had Dublin City Council decided to reduce their Local Property Tax by 5% instead of 15% they would have raised the €8m shortfall now at issue.
It says the members now have 14 days to agree a budget by 1 December.