Rostock's city treasury: millions of flows despite crises!

Rostock's city treasury: millions of flows despite crises!

Kaiserslautern, Deutschland - In a surprising step, the Mayor of Kaiserslautern, Beate Kimmel, lifted the city's almost six -month budget lock. The decision came after intensive negotiations and the clarification of crucial financial issues that had recently put the administration under pressure. Kimmel explained that this step was necessary to support the city in implementing important projects, which is particularly important in the current economic situation. According to Rheinpfalz.de , investments are now made again with the cancellation of the lock.

Also in the neighboring Rostock there are remarkable developments. Here, despite the challenging economic conditions, which are characterized by rising energy prices and inflation, the city could benefit from its municipal companies. These have paid a total of millions of millions into the city treasury. The Wiro, a local housing company, led the city to the city alone, while other companies such as the Warnow Water and Wastewater Association and the Stadtwerke also made significant contributions, such as nordkurier.de reported.

Financial balance sheet and future challenges

The city of Rostock reported that due to the challenges, including a cyber attack, grants had to be made to various urban companies. Almost 40 million euros flowed into the support of the own company of municipal property management and development in order to advance important renovation and new construction projects. Significant funds were also provided for cultural institutions such as the Volkstheater and the zoo, while the Stadtwerke Rostock could not pay a profit to the city this year.