60 million euros for the future: Wiener Neustadt's budget 2025 presented

60 million euros for the future: Wiener Neustadt's budget 2025 presented

Wiener Neustadt is planning significant investments for the coming years, despite a planned deficit of almost 16.7 million euros in 2025. This was announced by Finance City Councilor Christian Stocker together with the city government. The financial challenges mainly result from the sharp increased expenses in the areas of health, social affairs and kindergarten pedagogy as well as from higher energy prices and rising wages.

Nevertheless, the overall debt of the city will remain stable at around 111 million euros in the period until the end of 2029, with only 27 million euros from older loans. These loans come from the budget equalization measures, the last one was recorded in 2014. Mayor Schneeberger confidently commented on the city's ability to fulfill their financial obligations without new debts.

investment plan by 2029

significant projects are planned in Wiener Neustadt, which are intended to cost a total of 60 million euros. The most important projects include:

• Construction of photovoltaic systems with around 3.5 million euros.
• Investments in schools and kindergartens of around 29.7 million euros.
• renovation and new construction of roads, bike paths and bridges with approx. 13.6 million euros.
• Modernization of public lighting, in particular the switch to energy-saving LED lights, for a total of 4.5 million euros.
• Modernization of IT equipment with 1.1 million euros.
• The planned educational center "Maximilium" on the former Leiner area.

Financial planning will be further discussed in the next meetings of the financial committee and the city council. A first preliminary draft will be dealt with on November 18, 2023, followed by a final decision in the budget council meeting on December 9, 2023.