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The increase in the cadastral appraisal for this 2023 was defined

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The increase in the cadastral appraisal for this 2023 was defined

The National Planning Department (DNP) reported that the increase in cadastral appraisals for urban properties not formed and not updated in the 2022 term, will be 4.31% and for rural properties not formed and not updated in the 2022 term. , 3%.

This was established in the first document of the Council for Economic and Social Policy (Conpes) of the current national government that took into account not only the inflation target but also the strong annual variation of the CPI determined by DANE the previous year.

The director of the DNP, Jorge Iván González, explained that since the issuance of the law that determines the annual increase in cadastral appraisals, their readjustment for urban properties has been the inflation target certified by the Bank of the Republic, considering that the difference between this and the CPI variation registered by DANE had not exceeded 5 percentage points in a single year.

“For this year the difference stood at 9.53 percentage points, so the government is empowered to authorize an extraordinary additional increase. For this reason, we decided to take as an increase for urban properties not formed and not updated in the 2022 term, the property valuation index, which stood at 4.31%”, added González.

The official also pointed out that the excessive prices of agricultural inputs, the competitiveness of the sector and the factors of production (land leasing, agricultural elements, agricultural packaging and agricultural services) have increased the cost of food. In addition, the rural area has been seriously affected by the winter emergency.

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“For this reason, in this first Conpes we decided that for rural properties not formed and not updated in the 2022 term, the increase corresponds to the inflation target, this is 3%,” he said.

Similarly, the head of National Planning stated that the importance of the cadastral appraisal lies, among other things, in being the basis for calculating the property tax, which constitutes one of the main sources of income for the regions that, in 2021, will represented 34.3% of the tax revenues for the municipalities.

According to the director of the DNP, the Multipurpose Cadastre (urban and rural) has a huge delay, it has barely reached 9.4% of the properties.

Photo DNP Communications

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