Hofgeismar plans millions of investments: property tax and household in focus!

Hofgeismar plans millions of investments: property tax and household in focus!

Hofgeismar, Deutschland - The city of Hofgeismar took one step forward with the adoption of its budget. In an intensive session, in which over 25 amendments were coordinated, the city councils were finally able to approve an budget. The sum adopted is 46.2 million euros, with the income estimated at 45.6 million euros, which results in a deficit of 600,000 euros. The focus is particularly on the adjustments of the lifting rates for property tax A and B, as well as trade tax, which were decided in this session. The rate of property tax A remains at 263.27 percentage points, while property tax B has been reduced from 350 to 320 percentage points. The trade tax, on the other hand, is raised from 380 to 400 percentage points, which the city council according to EY that has increased its property tax in 2023, compared to 13 percent in the previous year.

These developments are not reserved only for Hofgeismar; In Hesse, the average rate of property tax B is 507 percent, which shows us that the increase in Hofgeismar in the large picture of municipal finances should be considered. For many citizens: Inside, this means a noticeable burden, which is not necessarily easier due to increasing living costs and inflation.

investments in the future

The city of Hofgeismar also plans investments of around 11 million euros in projects such as road and LED lighting measures. Another point at the session was the construction of a toilet facility at the train station, which was, however, rejected. In the new building and the digitization of the municipality, however, the future seems promising - the city councils have a comprehensive concept in the pipeline that aims to make Hofgeismar future -proof.

summarized can be said that Hofgeismar is on an exciting path in which both criticism and planning play a major role. It remains to be seen how the economic framework develops and which measures will ultimately bring the desired changes. However, one thing is certain: the coming months will be a challenge for the city that must be addressed with clever decisions.