The predicted cadastral values for 2023 have been calculated
In order for local governments to be able to calculate the real estate tax revenue forecast for the next year and for anyone interested to get acquainted with them in time, how the State Land Service has calculated the predicted cadastral values of land units, parts of land units and structures, as well as the predicted special values of rural lands, every year, in 2023. for the year. The forecasted cadastral values are calculated according to the state of real estate on June 1, 2022, applying the Cabinet of Ministers’ regulation of December 23, 2014 no. 838 “Rules on the cadastral value base for 2016, 2017, 2018 and 2019” approved cadastral value base. Considering that the Saeima has made a decision that the value calculation of the valid cadastral value base is applied until 2025, then the predicted cadastral value of real estate is equal to the current one, unless the values registered in the Cadastre Information System have been updated since January 1, 2022 data characterizing land units, parts of land units or structures. For example, another purpose of use or encumbrances have been determined for the land, or other restrictions on the economic activity of the forest land have been determined, etc. On the other hand, for buildings, for example, the type of use of the building, wear and tear, or indicators of the volume of the building have changed, as a result of which the total area of the building has changed.
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