Budget lock in Kaufbeuren: City is fighting deficit for 3 million euros!

Budget lock in Kaufbeuren: City is fighting deficit for 3 million euros!

Kaufbeuren, Deutschland - In Kaufbeuren, the financial crisis strikes with full force! From November 7th, 2024, a drastic budget lock will be imposed until the end of the financial year. This measure, which was last used in 2003, is a direct reaction to an alarming deficit in the earnings budget. The city is confronted with an enormous financial hole, which is mainly caused by increasing operating losses by the Ostallgäu-Kaufbeur clinics, growing expenses for youth welfare and social affairs as well as impending provisions for the district surcharge. A negative cash flow runs through the entire financial year!

drastic cuts in sight!

The budget lock will primarily affect the property and services of the city administration. In the coming days, in addition to general cuts, cuts in individual larger budgets will also be planned, which include a volume of around 32 million euros. But don't panic: measures that can be postponed such as salary payments and legally mandatory expenses remain unaffected by these drastic cuts. The city administration therefore has a certain scope to maintain basic care.

The hope of the city leaders is to achieve a positive contribution of around three million euros through this budget ban. But the challenge remains great: How will the city develop in the coming months? The detailed elaboration of the measures is still pending, and the citizens of Kaufbeuren may be excited to see what further steps the city will take to get out of this financial misery!