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Stuttgart (dpa / lsw) - According to a study, the debt of the municipalities in Baden-Württemberg rose in the Corona year 2020.
The total debt increased significantly compared to the previous year, by 11.1 percent to 841 euros per inhabitant, according to the municipal panel published on Thursday by the state development bank KfW.
However, this is still significantly below the overall German average of 1722 euros per inhabitant.
However, there is great concern about the long-term consequences.
Kfw chief economist Fritzi Köhler-Geib said: "The full effects of the Corona crisis will only gradually show up in municipal budgets."
Then, especially in financially weak municipalities, important public investments and services of general interest threatened to fall victim to the red pen.
The cash loans increased significantly by 23.4 percent.
The cash debt was thus 57 euros per inhabitant last year, about 14 percent of the German average of 410 euros per inhabitant.
A similar picture emerges when it comes to the development of investment loans.
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In the crisis year 2020, the support of the federal and state governments, in particular the reimbursement of trade tax losses, according to the information, prevented a massive budget deficit in the municipalities.
Cities, municipalities and districts were able to close the year with a small surplus.
However, since some of the consequences of the crisis only take effect after a delay, there is a risk, according to the study, of rising budget deficits and growing local government debt.
© dpa-infocom, dpa: 210506-99-488908 / 2
Information from KfW on the municipal panel