The bankruptcy of Budapest cannot be avoided without the government reaching into its pocket
There are three ways out of the budget crisis in the capital.
The first is the simplest: the Orbán government will compensate for the extra € 20.5 billion in business tax deductions this year, compensating for the extra expenditures and gifts from the energy price explosion for the $ 32 billion in commercial borrowing to complete the investments started. The second way is to give credit to the city, as was the case in Pécs (the city was practically taken under guardianship – Ed.), And the third is for the state to take over public utilities and their responsibilities, explained Deputy Mayor Kiss Ambrus. in today’s background conversation. Whichever one you choose, you can’t swim in without securing public funds. The “bankruptcy proceedings” against the capital can be initiated in the case of municipal account receivables exceeding 60 days.
The capital will re-analyze its financial situation by May and submit a budget amendment proposal to the Metropolitan Assembly. By then, perhaps the policy of the new government in Budapest will emerge. According to the politician, “self-mutilation”, ie the reduction of services, including the dismantling of public transport, nursing homes and homeless shelters, is not one of the possible solutions.
There is also an urgent need to decide on pending or previously postponed and necessary investments, according to the Deputy Mayor. The biodome would be handed over by the capital, as it takes hundreds of millions a year, with no hope of completing it from its own resources. But resources are also needed to renovate the overpasses: for example, restrictions have already been introduced on the Neapplet overpass, through which those interested in the World Athletics Championships will come in from the airport.
The re-incorporation of Városliget by Viktor Orbán is doubtful for several reasons, said Kiss Ambrus. The government has promised that it will not be built if the people of the capital do not want it, and they do not want it now. On the other hand, it would look rather strange that hundreds of billions in prestige are being invested in, and severe austerity measures will be needed because of the crisis and pre-election spending. If they do cut in, the capital will seize every means of politics and pressure to stop the project. The city administration is insisting on providing 10 billion this year for support for the $ 60 billion in health improvements promised at the World Championships in Athletics, and nothing has happened in this matter yet. (Last year, the government only paid for major threats. Ed.)
The local government of the capital does not currently plan to rename Bajza Street in front of the Russian Embassy; no proposal has been received from the two parties concerned. and VII. “from the district,” Kiss replies to Népszava’s question. As is well known, the online campaign launched at the end of the Ukrainian Foreign Ministry in March is asking the world to rename the streets and public spaces where the Russian embassy is located as a sign of their sympathy for Ukraine.
Next week’s general meeting will discuss 40 proposals: a new heritage protection award will be established under the name of Mihály Ráday, additional charities will be provided to help Ukrainian refugees, instead of 69 properties in the capital, local pricing will be raised. The reimbursement fee paid by residents will not increase, this is an increase in the institutional norm. In the elderly, that’s an 8.5 percent plus. Incidentally, from 201, 581 were paid for inpatient expenses, and no reimbursement fee has been raised since then. An XI. district, a hitherto unnamed public area is christened in Törőcsik Mari Park. Among the programs voted in the participation budget, the establishment of a homeless care institution on the outskirts of Budapest will begin. In addition, a drama competition will be announced to have a contemporary piece with such a theme for the 150th anniversary of the unification of Budapest.