50 million for roads: The money from the fund should also flow into Marburg traffic.
Image: Marcus Kaufhold
The university city of Marburg has put 350 million euros from trade taxes into a special fund. The primary goal is capital preservation. It is already clear how the money will be invested.
Thomas Spies comes into his office in the town hall smiling. He seems relaxed – and he can be. Because he is at the head of a rich city. Marburg is symbolically sitting on a mountain of money. Millions upon millions in trade taxes have filled the coffers. This has to do with the vaccine manufacturer Biontech and Deutsche Vermögensberatung, although the city doesn't talk about names. Tax secrecy.
Spies, on the other hand, speaks openly about the question of how much free capital the university city on the Lahn has at its disposal, what it plans to do with it and how it is managed. Marburg has taken a path that is unusual among municipalities in Hesse: 350 million euros are in a special fund tailored to the city. The money invested in bonds and stocks has only been working since June last year. But the mayor already says: “We are not afraid of inflation.”
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