Local finances Ageing Investments Tax shift Municipality fund

Flemish local authorities are in quite good fiscal condition at the start of the new local legislature, which runs from 2019 up to 2024. Although, big financial problems arise due to the growing expenditure for their statutory staff pensions. Without support by the other (regional and federal) central governments, local authorities might be obliged to cut in investment spending. This means that they wouldn’t be able to react properly to the important social and civic challenges coming from the society.



Jan Leroy

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Bfw digitaal editie2 2019 02 artikel janleroy