"Rhineland cities and counties receive additional 300 million euros in tax reduction, as a joint effort by the SPD and CDU in the Landtag"
In a significant move, the Landschaftsversammlung Rheinland has agreed to reduce the LVR levy by 1.35 percentage points, bringing relief to cities and districts across the region. This reduction, which brings the levy down from 16.65% to 15.30%, is part of an amendment to the already approved budget for 2023.
The decision comes after intensive discussions among CDU and SPD members of the Landschaftsversammlung Rheinland, following the announcement of significant tax revenue increases in the country. Helmut Brodrick, a member of the Landschaftsversammlung Rheinland, attributes this levy reduction to the significant contribution of the taxpayer.
The reduction in the LVR levy is expected to provide a significant financial relief of around 300 million euros for the cities and districts of the Rhineland. SPD and CDU immediately applied for an amendment to the budget for the 2023 financial year and demanded a reduction in the levy of at least one percentage point.
Helmut Brodrick, who is a member of the Landschaftsversammlung for Oberhausen, has been a key figure in this decision. He is also the councilor for Holten and Barmingholten and represents the city of Oberhausen in the Landschaftsversammlung Rheinland.
The reduction in the LVR levy is a result of the solid and serious budget policy of the CDU and SPD factions. Since the beginning of 2023, the finance department of the Landschaftsverband Rheinland has shown that further budget improvements make a levy reduction of 1.2 percentage points possible. The further reduction in the LVR levy will result in an additional relief of around 300 million euros for cities and districts.
The decision on the 2023 supplementary budget of the Landschaftsverband Rheinland has been made, marking a significant step towards financial relief for cities and districts in the Rhineland. The exact implications of this levy reduction for services such as social care, museums, culture, and infrastructure are yet to be fully understood and will require further analysis. However, it is clear that this reduction will bring much-needed financial relief to cities and districts across the region.
The financial relief of around 300 million euros for cities and districts in the Rhineland, as a result of the reduction in the LVR levy, is a testament to the impact of politics and policy-and-legislation. This reduction in the levy, following intensive discussions among CDU and SPD members of the Landschaftsversammlung Rheinland, will have ramifications for general-news, particularly in terms of services like social care, museums, culture, and infrastructure.
