German Municipalities Grapple with New Property Tax Rates

As the nationwide property tax reform looms, many municipalities face challenges in setting new rates, affecting homeowners and tenants alike.

In Niesky, only 60% of property tax assessments are completed, leaving the city council to decide on new rates without full data.
The DIHK reports that 160 municipalities plan to increase property tax rates, marking the largest average rate hike in a decade.
Rietschen's council opted not to raise property tax rates due to incomplete data, despite financial pressures.
Viersen faces a potential 40% increase in property taxes for single-family homeowners, with decisions pending.
The reform aims for revenue neutrality, but uneven property valuations may lead to increased financial burdens for residential properties.