Higher billion surplus of the municipalities – taxes are bubbling up again

WIESBADEN (dpa-AFX) – The municipalities in Germany achieved a financing surplus of almost 4.6 billion euros last year. That is around 2.6 billion euros more than in the previous year, as the Federal Statistical Office announced on Friday in Wiesbaden. After the losses due to the pandemic, tax revenue increased again and even exceeded the pre-crisis level. In 2020, the federal and state governments still had to support the municipalities with financial aid because of the corona crisis.

According to the information, municipal tax revenues in 2021 were around 15 percent higher than in the previous year at 113.4 billion euros. In particular, there was a surge in revenue from trade tax, which at €50.7 billion surpassed the previous year’s figure by 34.6 percent. Income tax receipts also rose again, totaling EUR 40 billion, up 5.2 percent on the previous year. The sales tax resulted in 8.2 billion euros and thus 0.6 percent less.

At EUR 308 billion, the total adjusted revenue of the municipalities was 4.3 percent higher than in the previous year, while the total adjusted expenditure rose by 3.5 percent to EUR 303.4 billion. The basis is the quarterly cash statistics for the municipalities and municipal associations without the city states./isa/DP/nas

ttn-28