The city of Zurich is planning a significant budget deficit of 226.2 million Swiss Francs for 2025, despite projecting record expenditures of 11.2 billion Francs.

This financial plan includes substantial investments in education, climate protection, and infrastructure, aiming to enhance the city's livability.

The city council, led by the left-green coalition, remains firm against tax cuts, despite generating over half a billion Francs in tax revenue from the booming real estate market.

The council argues that reducing taxes would hinder necessary long-term investments and potentially increase debt.

Historically, Zurich's budget deficits have often turned into surpluses, suggesting a conservative financial approach.

The city continues to benefit from its strong financial sector, which contributes significantly to its tax income.