Increase in council tax revenue

08.03.2019 - 18:43
Aktuelt
Increase in council tax revenue
Most municipalities are seeing an increase in council tax revenue this year compared with 2018
Klaksvík Municipality had an increase of DKK 4 million in council tax revenue in the first two months of 2019, compared with the same period last year
 
 

Almost all municipalities in the Faroes are enjoying an increase in tax revenue this year. 

The country’s largest municipality, Tórshavn, had a DKK 12.3 million increase in tax revenue in January and February this year, compared to the same period last year. 

Klaksvík, the second-largest municipality, had an increase of DKK 4 million in the same period. 

With a deficit of DKK 36,000, Fugloy is the only municipality without increased council tax revenue this year.

Translated by prosa.fo

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