Vienna in Finanzchaos: Record deficit of 1.77 billion euros!

Vienna in Finanzchaos: Record deficit of 1.77 billion euros!

The city of Vienna's financial statements for 2024 brings worries messages. According to ots.at shows a record deficit of 1.77 billion euros, the highest in the history of the city. This alarming number is in contrast to the income, which was 23 million euros above the original plans. Nevertheless, the earnings shares, which were shown at 7.967 billion euros, have remained under the expectations.

The total debt of the magistrate now amounts to 11.9 billion euros. Despite an increase in the state and municipal taxes, which were 2.358 billion euros and were therefore over the planning, the financial spokesman for the Vienna People's Party, Manfred Juraczka, sees a clearly defined expenditure problem. According to him, the financial statements are not an income, but an expenditure problem. Juraczka expressed sharp criticism of the city's financial policy strategy.

forecasts for 2025

For 2025, an even higher deficit of 3.8 billion euros is forecast, which is 1.6 billion euros more than in the estimate. Juraczka therefore calls for sustainable financial planning and a credible consolidation path to stabilize the financial situation of the city. The statements of Juraczka were also supported by other political actors who demand the need to rethink in financial policy.

In another context, wien.orf.at that the financial challenges that Vienna stands are not only visible in the budget deficit, but also in the general economic exposure to the city. In addition, this emphasizes the urgency to take both short -term and long -term measures to ensure financial stability.

A comprehensive understanding of the current situation is necessary in order to be able to make future -oriented decisions. According to wien.orf.at it is crucial that the city government is now acting immediately in order to set the course for a solid financial basis. The reforms discussed in the city leaders could be pioneering for future financial policy. The coming months will show how these financial policy challenges are addressed.