According to Datacenter data, all municipalities in Slovakia generated property tax revenue of nearly 497 million last year. "Despite this, municipalities have reserves in raising revenue for their budgets, which is strongly reflected not only in their underinvestment in property renewal but also in limiting the fulfilment of their basic obligations to residents. These include, for example, ensuring cleanliness and order, cutting the grass, and supporting social or cultural projects. The national auditors also identified insufficient recovery of tax arrears in the cities examined, with the real estate tax alone reaching up to EUR 24 million in arrears at the end of 2022," summarised the head of the national auditors, Ľubomír Andrassy, pointing out that more effective recovery of arrears could contribute to local governments getting more money into the municipal treasury. 

Sufficient revenue is necessary for the local government to finance any of its activities covered by the municipal or city budget. The most significant item of tax revenue that local government can influence through its actions is property tax revenue. The audited towns actively differentiated the individual property tax rates, contributing to increased revenues. 

The full text of the press release about this issue in Slovak language