Chiasso 2025: reduced deficit and exceptional surplus

Di Valerie Linc ·

Chiasso's 2025 accounts show a reduced ordinary deficit of 2.8 million and an exceptional surplus of 23.1 million thanks to revaluations

Contesto

In brief - Ordinary deficit reduced to 2.8 million - Exceptional surplus of 23.1 million - Revaluations for 25.9 million ## Key facts - What: 2025 Financial Statements of Chiasso - When: 2025 - Where: Chiasso, Canton Ticino - Who: Municipality of Chiasso - Amount: Ordinary deficit 2.8 million, exceptional surplus 23.1 million The year 2025 was less gloomy than expected for Chiasso. The border town managed to contain the ordinary management deficit to around 2.8 million francs – an improvement compared to the Budget. But two revaluations led to an 'exceptional' surplus. Chiasso's financial statements show a deficit for 2025 in ordinary management. The red figure was reduced to around 2.8 million francs compared to the 5.8 million budgeted. A result achieved thanks to higher revenues. According to Finance Department Head Luca Bacciarini, there has been an increase in legal entities and withholding taxes, which 'demonstrates a strong attractiveness of Chiasso as a place to do business'. But there were also lower expenditures. In particular, savings were made on personnel amounting to 400,000 francs, but - explains Bacciarini - 'without laying off staff'. ### Extraordinary revaluations The municipal authorities then highlighted two extraordinary revaluations: the Municipality's participation in AGE and the 'La Perfetta' property, whose book values were increased by a total of 25.9 million. An operation that brought the total annual result into positive territory with an exceptional surplus of 23.1 million. But this exercise had no impact on liquidity and debt reduction. 'It shows the value of the Municipality and that the current equity has risen from 14 to 37 million', states the municipal councillor. ### Aggregation project This revaluation was also carried out with a...

Dettagli operativi

Implications for cross-border workers The improvement in Chiasso's municipal accounts could have several implications for cross-border workers who live and work in the area. First, the reduction in the ordinary deficit and the extraordinary surplus could indicate greater financial stability for the municipality, which could translate into better public services and infrastructure for residents, including cross-border workers. ### Comparison with the previous situation Before 2025, the expected deficit was 5.8 million francs, while it has now been reduced to 2.8 million. This improvement was made possible by higher revenues, particularly from withholding taxes and legal entities. This could mean that Chiasso is becoming an increasingly attractive place for businesses, which could offer more job opportunities for cross-border workers. ### Future scenario With the tax reform that came into effect in 2025, which reduces the cantonal tax rate on the profits of legal entities, there could be further incentives for companies to establish themselves in Chiasso. This could lead to an increase in job opportunities and, consequently, a greater influx of cross-border workers into the area. However, it is important to monitor the developments of the health insurance initiatives, as costs could increase for residents, including cross-border workers. ### Aggregative project The aggregative project of the Basso Mendrisiotto could have a significant impact on the region. If the project goes ahead, it could lead to greater collaboration between the municipalities, improving services and infrastructure for all residents, including cross-border workers. It is important that cross-border workers are informed about these developments and actively participate in public consultations to mak...

Punti chiave

What to do for cross-border workers For cross-border workers living and working in Chiasso, it's important to stay up-to-date with the financial developments of the municipality. Here are some concrete steps that can be taken: 1. Stay informed about job opportunities: With the increase in legal entities and withholding taxes, there might be an increase in job opportunities. Cross-border workers should monitor local job offers and consider career opportunities in Chiasso. 2. Monitor healthcare costs: With ongoing initiatives on healthcare, it's important for cross-border workers to monitor any potential cost increases and prepare accordingly. It might be useful to consult a financial advisor to understand how to best manage healthcare expenses. 3. Participate in public consultations: Cross-border workers should participate in public consultations on the aggregation project of Basso Mendrisiotto. This is a way to make their voices heard and influence decisions that might impact their daily lives. ### Useful tools To help cross-border workers navigate this context, the following tools can be useful: - Salary calculator: To calculate your net salary and better understand the tax implications. - Health insurance comparator: To compare different health insurance options and find the best solution for your needs. - Tax guide: To better understand the tax implications of working and living in Chiasso. ### Conclusion The improvement of Chiasso's municipal accounts is a positive signal for cross-border workers living and working in the area. However, it's important to stay up-to-date with developments and take the necessary measures to ensure that your finances are well-managed. By using the available tools and actively participating in public consultations, cross-border worke...

Punti chiave

[{"q":"What is Chiasso's ordinary deficit in 2025?","a":"Chiasso's ordinary deficit in 2025 has been reduced to approximately 2.8 million francs, compared to the 5.8 million initially forecasted."},{"q":"What led to Chiasso's extraordinary surplus in 2025?","a":"The extraordinary surplus of 23.1 million francs was achieved thanks to two extraordinary revaluations: the municipality's stake in AGE and the 'La Perfetta' property, whose book values were increased by a total of 25.9 million francs."},{"q":"What are the implications for cross-border workers living and working in Chiasso?","a":"The improvement in the municipal accounts could indicate greater financial stability and better public services. Additionally, the tax reform might offer more job opportunities, but it's important to monitor healthcare costs."}]

Frequently Asked Questions
What is Chiasso's ordinary deficit in 2025?
Chiasso's ordinary deficit in 2025 has been reduced to approximately 2.8 million francs, compared to the 5.8 million initially forecasted.
What led to Chiasso's extraordinary surplus in 2025?
The extraordinary surplus of 23.1 million francs was achieved thanks to two extraordinary revaluations: the municipality's stake in AGE and the 'La Perfetta' property, whose book values were increased by a total of 25.9 million francs.
What are the implications for cross-border workers living and working in Chiasso?
The improvement in the municipal accounts could indicate greater financial stability and better public services. Additionally, the tax reform might offer more job opportunities, but it's important to monitor healthcare costs.

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