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Trade tax: Finsing is clearly feeling the effects of the corona pandemic

2024-01-18T17:17:44.201Z

Highlights: Trade tax: Finsing is clearly feeling the effects of the corona pandemic. The district levy is the largest item on the expenditure side of the administrative budget. It has risen continuously in recent years - most recently by 224,000 euros. It is hoped that the situation will ease slightly in the new financial year Situation. For 2024, the Finsingen administrative budget includes income and expenses of 12.20 million euros. The largest income items are the income tax share (€4.66 million) and the trade tax (€1.82 million) As of: January 18, 2024, 6:00 p.m.



As of: January 18, 2024, 6:00 p.m

By: Veronika Macht

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Finsing's budget for this year is in place.

The effects of the corona pandemic are clearly noticeable when it comes to trade tax (symbolic image).

© Oliver Berg

Finsing's budget for this year is in place.

The effects of the corona pandemic are clearly noticeable when it comes to trade tax.

Finsing

- The budget that the Finsing municipality has drawn up for this year is almost two million euros heavier than last year's budget.

The approach that the Administrative and Finance Committee recommends to the local council for resolution involves 26.6 million euros.

In the following years, the municipality scales back its finances considerably.

At the committee meeting on Monday, the councilors went through the numbers with treasurer Christian Numberger.

Mayor Max Kressirer (WGE) reported that these had changed again in two places compared to the draft budget - and in a positive sense: Even if the amount of the levy rate is not yet known, the information was received on the day of the meeting that The district levy will probably be 180,000 euros cheaper than previously assumed.

The amount was reduced from 3.95 to 3.77 million euros.

In return, the “optimistic approach” of trade tax revenue of two million euros was also reduced by this 180,000 euros.

The district levy is the largest item on the expenditure side of the administrative budget, which covers daily business operations (see box).

It has risen continuously in recent years - most recently by 224,000 euros; it has more than doubled since 2014.

The figures were not discussed in the committee.

The local councilors have already discussed the finances in detail in two meetings.

“We are concentrating on the essentials,” said Kressirer about the planning until 2027. According to Numberger, it corresponds to the asset budget and includes 11.7 million euros (2025), 5.3 million euros (2026) and 3.9 million euros for the coming years million euros (2027).

Essentially, current projects that have been started in these years will be completed - for example the expansion of the school, but also village renewal, rainwater sewerage and Finsing flood clearance.

According to Kressirer, the previous financial year “went better than expected”.

But above all, tax revenues have fallen significantly compared to the approach.

“As feared in previous years, the effects of the corona pandemic on trade tax became clear in 2023.

Only just under two thirds of the planned income could be generated this year,” says the preliminary report: 1.55 instead of the estimated 2.2 million euros.

According to Kämmerer, this was due, on the one hand, to the fact that the deadline for submitting tax returns for the main Corona year 2021 ended on March 31, 2023, which is why a large part of the trade tax assessments for this year were made in 2023.

“On the other hand, the war in Ukraine began in 2021, which has an indirect impact on skyrocketing energy prices, but in some cases also a direct impact on company profits and thus on municipal trade taxes.” It is hoped that the situation will ease slightly in the new financial year Situation.

Budget 2024: The most important figures

For 2024, the Finsingen

administrative budget

includes income and expenses

of 12.20 million euros

.

The largest income items are the income tax share (€4.66 million) and the trade tax (€1.82 million), while the expenditure is the district levy (€3.77 million) and city hall staff costs (€1.55 million). and school association levy (€1.07 million).

The

capital budget

for investments is

14.43 million euros

, financed, among other things, by a withdrawal from the reserve (2.50 million euros), loans (3.74 million euros), the sale of land (950,000 euros) and grants.

The expenses include the expansion of the school (€5.5 million), the purchase of land for the commercial area (€2.5 million) and the renovation of the Zur Sonnwend kindergarten (€1.6 million).

The

property taxes A and B

should each be 400%.

H., the

trade tax

at 350 percent.

H. be left.

The local council still has to approve this draft.

He will consider the budget on Monday, January 22nd at 7:30 p.m.

vam

Source: merkur

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