NOK 12 billion in property taxes to municipalities

Oslo cityOslo city.Photo: pixabay.com

Norwegian municipalities collect 36 percent more property tax compared to four years ago, and next year the municipalities will have a reserve of NOK 12.1 billion in revenue from the tax.

The sum has increased from NOK 8.9 billion since the present government took over in 2013, writes the newspaper Klassekampen.

The politicians in Oslo who are against property tax, chose to add the extra income into next year’s budget.

– We are opposed to property tax, but we are not willing to remove it so quickly that it affects other initiatives, said Team Leader Erik Lunde of Oslo KrF to the newspaper.

The Venstre Group Leader from the city council, Guri Melby, says she is also opposed, but the party has placed the proceeds in its alternative budget. The capital city is likely to collect NOK 450 million in property tax in 2017.

– It is very gratifying that the Venstre and KrF parties understand that we need property tax in 2017, says SV Group Leader Sunniva Holmås Eidsvoll in Oslo City Council.

Source: NTB scanpix / Norway Today

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