The city council of Monterrey, presided over by Mayor Adrián de la Garza, approved an average increase of 29% in the property tax of the city, which translates to about 349 million pesos additional for the year 2025. After a closed-door meeting in which the increase was determined, the councilors held an ordinary session to ratify the decision.
"By December, we will present the subsidy to be granted to low-income people," said De la Garza, explaining the intention to generate schemes that do not harm citizens with fewer resources. In the meeting, support was provided by the Morena bench in Monterrey, which accepted the increase, as well as the proposal for subsidies for those who are responsible with their payments.
One of the councilors from Movimiento Ciudadano congratulated the mayor for the decision and proposed a subsidy for people who meet their tax obligations. The possibility of establishing unique rates in certain areas of the city was suggested, especially for homes valued at less than 6 million pesos, aiming to provide support to vulnerable populations, in addition to considering discounts of up to 22.5% in January.
De la Garza emphasized the importance of making gradual increases in the property tax and mentioned that the lack of periodic adjustments would affect municipal revenue. He also assured that the funds obtained would be allocated to improve the infrastructure and public spaces of Monterrey, avoiding their use in current expenses. A transparent approach to the utilization of these resources for the benefit of the city is proposed.
During the voting, there were 27 votes in favor, 1 against, and 2 abstentions. Although the exact amount of the increase was not revealed in the public session, it is expected to be allocated to the development and improvement of urban infrastructure. Some councilors expressed concerns about transparency in the process, while others advocated for a clear and responsible management of the collected resources.
Overall, the approval of the increase in the property tax in Monterrey generated different positions among the councilors, highlighting concerns about transparency, the allocation of funds, and the impact on the most vulnerable population.
