The Canton of Zürich achieved a huge win

566 million Swiss francs: this values the Surplus from the notice is included in the Canton of Zurich in the financial year 2019. The are about 400 million more

The Canton of Zürich achieved a huge win

566 million Swiss francs: this values the Surplus from the notice is included in the Canton of Zurich in the financial year 2019. The are about 400 million more than from a member of the Parliament in the budget. There are over 650 million more than SVP are even financial Director Ernst Stocker had been charged.

The enormous sum of a part of an extraordinary Phase of Win. Plus 390 million, plus 367 million, plus 548 million and the Surpluses of the years 2016 to 2018. Higher the income surplus was only in 2010, when it amounted to almost 600 million.

taxes

How the financial Directorate of gushing today, Friday, has communicated, is due to the remarkable result of higher tax income. Above all, the companies have contributed much more than budgeted (+115 million). Significantly higher is also the Canton's share of the direct Federal tax was. Here are more than 100 million came in as planned. And also the withholding tax contributed 48 million to the top result.

the bottom line is 250 million more of tax resulted in income than in the Budget noted. Also, not 119 million, which has paid the Bank in addition to were budgeted for. Accounting valuation changes in real estate, but also the power of 85 million have.

debt reduced

The Surplus will help to keep the cantonal financial budget stable in the medium term, writes the financial Directorate "in spite of emerging high pressures and deficits in the coming years".

last year, the Canton has also invested strongly. With 1.21 billion, he scored the highest value since 2015. The self-financing ratio is an impressive 117 per cent, which means that the Canton can Finance all its expenditures itself. Also 190 million of debt could be paid back. The debt now amounts to 4,39 billion. Which is 20 percent less than 2015, which shows that the last years were good years for the Canton of Finance.

And now the Corona-crisis year

Now it is time to enjoy the 2019er-statements again. Because 2020 and the coming years bring much uncertainty. In the current year, it is still unclear how the Corona-crisis financially will have an impact. Almost certainly seems, however, that the company will give you less control. The reduction in yields come as a result of corporate tax reform.

The major could face more charges in the Canton. So the Voters decide in may whether or not the Canton paid annually, around 200 million more to the municipalities to the supplementary benefits to the AHV/IV.

On the other side is a lush Bonus of the national Bank waving: This has made such a high profit that it distributes to the cantons in the current year, four times the normal amount. Power for the Canton of almost 500 million francs.

Created: 13.03.2020, 09:30 PM

Updated Date: 13 March 2020, 09:02

Tagesanzeiger

Tagesanzeiger


Contact Details

You need to login to comment.

Please register or login.

RELATED NEWS