Leverkusen in the financial crisis: trade tax revenue collapses drastically!

Leverkusen in the financial crisis: trade tax revenue collapses drastically!

Leverkusen, Deutschland - In Leverkusen, the financial situation is worrying. Chamberlain Michael Molitor announced that trade tax revenue has dropped drastically - instead of the planned 385 million euros, the city will probably only take around 100 million euros by the end of the year. This catastrophic forecast, which was evident at the beginning of the year, has now led to the imposition of a budget lock, such as the ksta.de reported. This means that only legally prescribed expenses may be made. To illustrate: At the beginning of December, the income was only a good 93 million euros, which causes the budget of 942 million euros to fail and forces the city into an acute restructuring.

The reasons for the catastrophic losses are diverse: general economic cooling has led to lower income, two companies have received considerable relevance to trade tax, and no previously expected company settlement was not held. In view of this situation, the city leaders must now make drastic savings, which includes the use of artificial intelligence in administration and personnel reduction. Chamberlain Molitor has already initiated the planning of a new budgetary security concept, but also had to find that the financial stability once achieved was short -lived.

income from Germany's business tax at