Vienna in Finanzchaos: City council debates over 1.77 billion deficit!

Vienna in Finanzchaos: City council debates over 1.77 billion deficit!

On June 23 and 24, 2025, the Vienna municipal council in the town hall will debate the financial year 2024. Finance City Councilor Barbara Novak (SPÖ) will open the meeting on the first day at 9 a.m. with an introductory speech. The general debate will then take place. In the course of the first day, special discussions on various topics are planned, including finance, economy, culture and health. These debates are headed by the responsible city councilors, including Veronica Kaup-Hasler and Peter Hacker, who represent the areas of culture and social affairs. The focus is on urban development on the second day of the session, before the end of the invoice and the annual financial statements of the urban activities is.

The financial year 2024 completed the city of Vienna with a deficit of 1.77 billion euros, which is 470 million euros below the original expectations. This brings the city's financial debt to a total of 11.9 billion euros. Despite these challenges, Vienna's net assets were improved by 1.1 billion euros. For 2025, a budget hole of up to 3.8 billion euros will be forecast, which is over a billion more than in the previous year. This requires careful consideration of new expenses, which included 19.9 billion euros for 2024, with a significant share for social purposes.

Financial insights and city editions

The expenditure of the city of Vienna for 2024 includes essential areas such as social affairs with 3.3 billion euros, health at 3.1 billion euros and education, for which 2.6 billion euros are planned. Investments in construction projects and infrastructure also continue with 3.7 billion euros, with the Viennese municipal utilities invest 700 million euros in climate -relevant measures. This occurs against the background of a record employment in Vienna, with over 933,000 dependent employees in April 2025, and an unemployment rate of 11.5 percent that is just below the pre -crisis level of 2019.

The organizers have set up access provisions for the upcoming debates. The public visitors are accessible to the citizens, whereby free counting cards are available from the city service. Media representatives need a press card to be able to enter the press gallery, while for others it is necessary to accredit prior accreditation. In order to reach a broader public, the meeting is also transferred via Livestream on Vienna.gv.at and in the city of Vienna app.

political discussions in advance

In political discourse, the reactions to the impending financial holes are significantly influenced by the coalition negotiations between SPÖ and NEOS. There are currently no concrete cuts that have been promised in view of the financial situation. In the debate about the 2022 financial statements, a few weeks ago, the municipal councils expressed differently about the strengths and weaknesses of the city. For example, GR Prof. Rudolf Kaske (SPÖ) emphasized that Vienna "defies the crisis", while others, like Gr Maximilian Krauss (FPÖ), criticized the SPÖ and its approaches.

For more information about the upcoming meetings, you can do the articles on wien.gv.at , krone.at and Vienna.gv.at.