Sigmaringen in debt chaos: one of the poorest communities BW!

Sigmaringen in debt chaos: one of the poorest communities BW!

Sigmaringen, Deutschland - The city of Sigmaringen is one of the poorest communities in Baden-Württemberg, measured by per capita debt. According to a report by Schwaebische.de 19th place of 1,101 municipalities in relation to debt increases (as of December 2023). In comparison, Bad Liebenzell is the tip of the per capita debt in the federal state with around 8,200 euros.

In Sigmaringen, urban debt amounts to almost three million euros. The majority of the liabilities, around 56.5 million euros, fall on the municipal utility company, with around 37 million euros in debt for the city itself. The city plans to transfer 11.5 million euros to municipal utilities, which further restricts the financial scope. In addition, interest and repayment for old debts must be raised at an altitude of almost 19 million euros, which are outsourced in an urban self -operation and do not appear in the core budget.

public financial situation in Baden-Württemberg

In a comprehensive analysis of Statistik-bw.de it was found that a total of 101 of the 1,101 municipalities in Baden-Württemberg were debt-free. These debt -free communities have no loans, cash loans or securities debt in the core budget or in -house companies. Interestingly, most debt -free communities have under 10,000 inhabitants, including only a few who have over 10,000 inhabitants.

The analysis also shows that the average per capita debt in Baden-Württemberg is 1,469 euros, whereby city districts have a higher debt of EUR 2,274 compared to the municipalities belonging to the district with 1,286 euros. A comparison of the municipalities also shows that 289 municipalities have a higher per capita debt burden than the national average, and 163 of which exceed the limit of 2,000 euros per inhabitant.

-transmitted by West-Ost-Medien