Image: VOLKER WEIHBOLD
Increased interest rates, inflation, financial equalization that is unpleasant for communities, geopolitical crises and wars: These points were mentioned at today’s budget presentation when the difficult starting point for the creation of the new double budget was outlined. It is not a balanced budget: the forecast expenses are higher than the income. In 2024, income will amount to 869 million euros and expenses will be 928 million euros. In 2025 there will be 897.8 million euros in income compared to 955.8 million euros in expenses.
New loans have to be taken out, which increases the city’s debts. At the last budget presentation in 2021, the mountain of debt was 746 million euros, and by 2025 this is expected to grow to around 983 million euros. In order to maintain the quality of life and location, it is essential to invest, said Mayor Klaus Luger (SP), and with around 184, the city will do so “despite the difficult conditions”.
Focus on social issues, mobility and climate protection
The focus will be around 60 million euros on social agendas, (soft) mobility, infrastructure and climate protection, said dThe deputy mayor responsible for finance, Tina Blöchl (also SP): “With this budget, the city of Linz remains true to its claim to be an urban, economically strong and climate-conscious state capital.”
Three million euros are earmarked for the greening of the Urfahran fairgrounds, and the final payment for Lentos and music theater (2.8 million euros) is also planned for 2024. However, the costs for the new trolleybus lines and the regional light rail are not budgeted. You can’t budget for anything that doesn’t yet have a financing agreement, says Luger.
This year he again sharply criticized the payments that the city of Linz has to make to the state; these are continuing to rise. That’s how it amounts Net transfer burden in 2024 will be around 102 million euros, in 2025 it will be even more at 111 million euros.
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Source: Nachrichten
