Arnona tax netted local authorities NIS 30.2 billion in 2018
Municipal property tax (Arnona) is one of the main sources of income of local authorities, and its advantage is that it constitutes non-earmarked self-generated income, thus supporting the authority’s economic independence.
A cityscape of Tel Aviv is seen during the night-time in Israel May 27, 2017. Picture taken May 27, 2017(photo credit: AMIR COHEN/REUTERS)ByYAIR ASSAF-SHAPIRA