As underscored in OECD Economic Surveys, this system results in a counterproductive outcome of rising marginal and average tax rates on labour and a reluctance by municipalities to shift revenue toward immovable property. Additionally, taxable values, which are updated by the Ministry of Finance, have tended to lag market values. The minimum-maximum bands within which municipal governments can set their property tax rates have been widened. Property assessments have been revised to better reflect market values, and cadastral values are expected to be completely updated by 2020.