The Chapala government is poised to collect a five percent hike in local taxes and fees to be charged for fiscal year 2022.
The increase is integrated in the Ley de Ingresos (Revenue Law) for next year, as proposed by the Treasury, Patrimony and Budget Commission. The initiative was approved by unanimous vote at the August 20 session of the City Council. It will be forwarded to the state legislature for ratification, to take effect on January 1..
According to commission chairman Isaac Trejo Gracián, the boost in payments to City Hall is in line with the guidelines issued by the State Ministry of Public Finance, foreseeing a five to eight percent rise in the rate of inflation.
Stipulations of the 2022 Ley de Ingresos are designed to generate 373 million 799 thousand pesos of income for the municipality’s coffers, including finances for the decentralized Simapa water and sewage authority.