Finance ❯ Public Finance ❯ Municipal Finance

Budget Deficits

Social Expenditures Taxation Financial Management Tax Increases Social Spending Financial Reforms Expenditures Financial Support Revenue Projections Funding Challenges

Germany’s Debt Ratio Rises to 63.5% as Municipalities Post Record €31.9 Billion Deficit

Fresh data point to tighter budgets across federal and local levels.

Saxony’s Municipalities Post Record €1.04 Billion Cash Deficit for 2025

German Towns Warn of Deepening Budget Gaps as Hesse Flags Record Aid

New Report Finds Saxony’s Municipal Finances in Crisis as Deficits Deepen

Hesse Audit Report Finds Four in Five Municipalities in Deficit, Puts Mergers on the Table

New Orleans Withdraws $125 Million Payroll Bond as State Oversight Fight Escalates

13 State-Capital Mayors Warn of Municipal Cash Crunch, Press Merz to Pay for Mandates

German Municipal Deficit Widens to €19.7 Billion in First Half of 2025

German Municipalities Push for Federal Action on Deepening Financial Crisis

Oakland Interim Mayor Proposes Balanced Budget to Address $268 Million Deficit