Witten before the financial crisis: The city threatens 257 million euros deficit!

Witten before the financial crisis: The city threatens 257 million euros deficit!

In the city of Witten, an alarming deficit of around 83 million euros is in the room for the coming year. This is part of a double budget that includes the financial planning for this and for the year after next. In view of increasing mandatory expenditure for the municipality, the general financial situation is becoming increasingly precarious. The city treasurer, Mr. Kleinschmidt, makes it clear that these expenses "incalcHently strain" the household.

One of the central problems is the old debt aid of the countries that has not yet been realized, which has a significant impact on the city's financial situation. This will increase the deficit to over 257 million euros by 2026. In addition, it is predicted that this amount could even increase to 500 million euros by 2029, which is particularly due to declining income from trade tax.

financial priorities

Despite these alarming numbers, there is an urgent need to continue to invest in essential areas such as schools, streets and general infrastructure. Those responsible in the city explain that it is essential to promote these investments in order to ensure the quality of life of the citizens and not to endanger future developments. These business considerations dominate the decision -makers who want to adopt the draft budget in the city council on December 16.

The difficult financial situation is seen in the context of the challenges with which many municipalities are confronted, not only in Witten, but in the entire circle. The steadily increasing expenses and the still behind the expectations make the situation for city administrations difficult to present a balanced household.

comprehensive information on the financial situation and the double budget can be found on the official website of the city of Witten, where the citizens can see further data and analyzes.