Financial crisis in Neu-Ulm: worries about the 2024 budget increase dramatically!

Financial crisis in Neu-Ulm: worries about the 2024 budget increase dramatically!

In Neu-Ulm there is a tense financial situation: The city council adopted the budget for 2025 with only eight votes against, but reality could quickly make it waste. Mayor Katrin Albsteiger took a look at the explosive situation at the meeting and announced that from February 1, a new treasurer will come into office, which could bring fresh ideas into the discussion about the increasingly pressing savings measures. "We have already identified potential. It will be extremely unsightly and uncomfortable," said Albsteiger. In particular, the increasing district levy, which is supposed to climb around 42 million euros, forces the city to save drastic savings, such as the reported.

budget planning under pressure

A new financial plan for the years 2024 to 2027 is also on the agenda to counteract the colossal debt mountain. The draft provides for a loan of around 11 million euros, because enormous expenses for tariff financial statements and increased construction prices must be accomplished. Inflation and the higher interest rates also add the urban budget. While trade tax revenue should increase slightly at around 44 million euros, the asset budget is measured at around 62 million euros.

The parliamentary group per Neu-Ulm unanimously approved the budget for 2024, which sets a positive signal in view of the challenges. In their argument, the parliamentary group members emphasized the need to keep the course despite adverse circumstances and to trim the "ship" Neu-Ulm stable. "We see it positively when it comes to our city, because we actually have no reason to whine," said a member of the faction, which advocated optimism in the council, as well as Pro Neu-Ulm . The coming months will show whether the city administration can master the challenges.

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OrtNeu-Ulm, Deutschland
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