Costa Rica’s Richest Municipalities 2008
In comparison with last year, the income for 2008 of the 81 municipalities will increase by about 23% which is about double the rate of inflation.
As usual San Jose will collect the most c35.372 million colones. The Mayor of San Jose, Johnny Araya Monge said that over the past few years they have worked hard to improve collections.
In September of each year, the 81 municipalities must estimate their income for the following year and present this to the Contraloria General de la Republica.
This estimate is based on what they believe will be collected through property taxes, trash collection and the sale of various licenses. If necessary, they can adjust their budgets with the approval of the Contraloria General de la Republica.
The municipalities are not allowed to spend more than 40% of this income on administrative expenses including salaries.
The Top Ten Municipalities in Costa Rica For Income:
- San Jose
- Escazu
- Santa Ana
- Perez Zeledon
- Desamparados
- Curridabat
- Goicoechea
- Montes de Oca
- Tibas
- Moravia
Why Is This Important To You?
We all prefer to live in a home that is clean, secure and managed well. We want to make sure that our home is well maintained and we are not throwing our money away by unnecessarily spending too much on utilities and same thing applies to the overall geographical area in which we live.
The area should be well cared for, the trash should be collected, the inhabitants – your neighbors – should be paying the taxes that they are obliged to pay.
If you are in the market to sell or buy a home, it will help tremendously when you when you can say that you live in an area that is located in one of the best managed municipalities in Costa Rica where real estate prices will more than likely appreciate much more than a municipality that is not well run.
Our thanks to Jairo Villegas S. and our friends at La Nación – Costa Rica’s largest Spanish circulation newspaper for their permission use this article.
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