Municipality Presents 2024 Financial Statements, 2025 Spring Budget Memorandum, and 2026 Framework Memorandum

Through its annual financial statements, the Municipality of Amsterdam ( executive board ) provides a final account of its revenues, expenditures, and results. Revenues come primarily from the national government and from local taxes such as property tax (OZB), waste collection fees, and permit fees. In addition to personnel costs, the largest expenditures are in the areas of " social domain," "public health & environment," and "sports, culture & recreation."

Alderman Hans van der Elst: “With nearly 87 million euros in revenue and just over 85 million euros in expenditures, we were able to close out the year 2024 on a positive note. That’s good news. But the most important question for residents and business owners is, of course, what we’ve accomplished with all that money. Despite the tight budget at labour market , we have fortunately been able to continue or complete many projects. For example, the sports facilities policy has been adopted, various housing projects are underway, and the development of a new cultural centre in the Kruispuntkerk is in full swing. We also took on new projects, such as the environmental vision and the replacement of the sewer system.”

2025 Spring Policy Statement

In the Spring Report, the Municipal Executive ( executive board ) informs the council about the finances and the progress of policy through the month of April. Based on the proposals in the Spring Report, the council may amend the budget.

“We use a traffic-light model to indicate the status of implementation,” explains Alderman Van der Elst. “79 percent of our performance is in the green. This shows that we are achieving a large portion of the goals set out in the budget. However, we see that we are unable to make all the planned investments. A major cause this year, as well, is the difficult economic labour market. By pursuing sound financial policies, we maintain control over Voorschoten’s financial situation and can make timely adjustments.”

Policy Framework Document 2026

The third financial document presented by the “ executive board ” is the framework memorandum, which outlines the proposed policy guidelines to be elaborated in the 2026 budget and the priorities for the next four years. In 2026, the “ executive board ” will focus on implementing the sports facilities policy, making progress on housing construction, and completing the cultural “ centre ” in the Kruispuntkerk, followed by the construction of a new building for the Fortgensschool.

Alderman: “In addition to these priorities, we are focusing on further improving the services we provide to our residents, both at town hall and in the neighborhoods. We are also developing policies for events such as the Horse Market. One recent achievement that stands out is the municipality’s new labor market communication strategy, in which we position our organization in a recognizable and distinctive way on labour market .”

Want to know more?

The financial documents and an infographic of the annual financial statements are available on the Finance webpage.