Nes keeps tax rate unchanged and raises child allowance

Nes Municipality will keep its tax rate at 20.5 per cent next year and raise its child allowance by 1,000 kroner, according to KVF. The municipal council has approved the 2027 budget in its first reading.

The allowance will increase from 8,000 to 9,000 kroner. The municipality estimates that operating costs will reach 87.4 million kroner next year, with investments of 31 million kroner and revenue of 105.8 million kroner, excluding interest. It forecasts a deficit of 12.7 million kroner.

An overdraft facility and loans totalling 30.8 million kroner are due to expire in 2027 and will need to be refinanced.