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Neuss celebrates records: solid finances and rising trade taxes!
The city of Neuss reports solid finances and record income from trade tax, despite macroeconomic uncertainties.
Neuss celebrates records: solid finances and rising trade taxes!
The city of Neuss is in a stable financial situation, which has improved significantly in 2024. Mayor Reiner Breuer informed the city finance committee about the positive developments. It is therefore expected that Neuss will achieve a budget improvement in the double-digit million range. This development is a positive indicator of the city's ability to act, which will continue to work towards a balanced budget situation in 2025 by using the equalization reserve. Breuer emphasized that there will be no looming budget concepts or supervisory dictates in the next two years, which is reassuring news for citizens.
The city's positive budget development is seen as an expression of a robust economic situation. The record number of jobs and an increase in income from trade tax prove this. Trade tax revenue will exceed the 200 million euro mark in 2024, with similar expectations for 2025. At a special meeting of the Finance Committee, Treasurer Frank Gensler confirmed that trade tax revenue will reach a record this year. The current status shows that revenue is 60 million euros above the original estimate, which was set at 235 million euros. This number also exceeds the previous year's result by 50 million euros.
Rationale and outlook
Despite this positive news, Breuer recommends remaining cautious due to the overall economic development in Germany. The city plans to secure positive financial development through task criticism and consolidation measures. The aim is to continue to invest in the quality of life of citizens, particularly in education, social and sporting facilities as well as in climate protection and green spaces. Many of these investments are in the planning stages or have already been completed, showing that the city is responsive to the needs of its citizens.
Overall, this financial progress and the solid budget situation make it clear that Neuss is well positioned. Current developments invite an optimistic view of the city's future financial prospects. Citizens can hope that Neuss can maintain and further expand the positive trends.
Further details on the budget situation and income from trade tax can be found on the website Neuss and RP Online.