Vienna surprised: better budget despite crises and warnings!
Vienna surprised: better budget despite crises and warnings!
Wien, Österreich - The city of Vienna did better than expected in the 2024/25 double budget. According to the town hall show, the budgeted departure was reduced by around 500 million euros. Despite a challenging economic situation, characterized by recession and floods in the previous year, the municipality was able to make the new debt less. The financial debts are currently at 11.9 billion euros, while the city's assets cost 37.8 billion euros. Reserves were formed in the amount of 1.4 billion euros.
In 2024, a total of 19.9 billion euros were paid out, with the distribution of expenditure being distributed clear focus on social issues, health, education, childcare and public transport. 3.3 billion euros in the social sector, 3.1 billion euros in healthcare, EUR 2.6 billion in education, 1.2 billion euros in childcare and 1.2 billion euros in the infrastructure of public transport. Nevertheless, the former financial councilor Peter Hanke makes it clear that a higher deficit for 2025, which was revised from EUR 2.3 billion to 3.8 billion euros.
budget consolidation as a central challenge
In view of the emerging financial challenges, the need for sustainable budget consolidation is emphasized. This includes measures to reduce budget deficits and debts in the public sector in order to achieve budget equalization. The aim of budget consolidation is not only the stability of finances, but also the creation of financial flexibility for current and future generations. The achievement of these goals could be carried out by taking and expenditure-related measures, which could include tax increases and expenditure. The focus is on the increase in efficiency and optimization of state sources of income.With the loss of income that many municipalities suffer in the course of the current economic situation, it is essential that measures are taken to ensure municipal performance. As the experiences of other municipalities show [https://www.haufe.de/id/bauchenkonsolidung-in-kommunalen-kreffungs-ein- Expert-Hi13760577.html), budget consolidation requires a clear overall strategy. House renovation measures could be an effective solution here to achieve long -term financial stability.
future steps and debates in the municipal council
So far, the exact savings measures have not been communicated, which increases uncertainty about the city's financial ability to act. An important step will be the early debate in the municipal council about the 2024 financial statements, but the date of which remains open. This debate usually takes place at the end of June, but the constituent meeting of the local council has not yet had a set date.The city of Vienna therefore faces the challenge of prioritizing its expenses in the sense of successful budget consolidation and at the same time ensuring the quality of life of its citizens. Ethical responsibility towards future generations and the legal framework requires prudent action to ensure portable public debt.
| Details | |
|---|---|
| Ort | Wien, Österreich |
| Quellen | |
Kommentare (0)