Solothurn government expects deficit of 103 million francs
Published: Thursday, Sep 26th 2024, 10:40
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The canton of Solothurn will remain in the red in the coming year. The cantonal government is expecting a deficit of 102.8 million francs in its 2025 budget. A savings program of up to 60 million francs per year is already on the table.
The canton remains financially viable thanks to the surpluses of recent years, announced Finance Director Peter Hodel (FDP) on Thursday in Solothurn. However, the canton's financial situation remains "tense".
The government council cited several reasons for the deterioration in the financial situation. The costs for education, social affairs and health continued to rise sharply. The need for investment is also high. In addition, there are new state contributions for supplementary childcare and the implementation of the care initiative.
No profit for the National Bank
The cantonal government expects higher tax income. However, it does not anticipate a profit distribution from the Swiss National Bank (SNB). The budget also does not include a cost-of-living adjustment for state employees and teaching staff. Negotiations between the social partners are still pending.
Two weeks ago, the cantonal government presented controversial savings plans to balance the state coffers. 113 measures are intended to relieve the canton's finances by up to CHF 60 million per year.
The specific cost-cutting measures are the responsibility of the government council and parliament. There are many ideas: For example, the government council is hoping to raise CHF 50,000 from the auction of the "SO 1" control plate.
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