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Salzkotten remains debt free

The good years may soon be over in Salzkotten too. This came to light in the evening (Monday, November 4th, 2024) when the financial plans for the coming year were presented. The town is doing well financially at the moment.

There is good news in the Salzkotten budget draft: the trade tax for companies, the cemetery and waste disposal fees should remain stable in 2025. The costs for water and wastewater will be slightly cheaper. However, A and B’s property taxes may increase.

Salzkotten is currently debt free and does not need to take out any new loans yet. Thanks to the current total compensation fund, the city can cover the calculated deficit of 6.2 million.

13.4 million is expected for investments, and the two biggest things are urban roads and schools.

However, the view into the future is sad. Expenditure and the deficit will continue to rise and the reserve is expected to decrease. Then there is the threat to budget security.

Like the other cities, Salzkotten also criticizes the growing financial burden and the payment of high taxes to the Paderborn region. The city wants more support from the state and federal government.

2024-11-05 12:01:00
#Salzkotten #remains #debt #free

1 thought on “Salzkotten remains debt free”

  1. It’s inspiring to see how Salzkotten has managed to remain debt-free, especially in a time when many cities face financial challenges. Responsible management and efficient planning can make a real difference in the financial health of a community. In Spain, both municipalities and citizens also need to seek options for managing debt effectively. For individuals and self-employed people in difficult situations, there are tools like the Second Chance Law, which allows them to cancel debt and regain financial stability. Salzkotten’s example shows that, with proper planning, it’s possible to maintain a healthy financial situation. Thank you for sharing this inspiring story!

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