Budget of the City of Oldenburg 2020

The budget for the city of Oldenburg is presented separately by profit and financial budget. The result budget is differentiated according to income and expenses, in the financial budget according to deposits and disbursements. The city of Oldenburg changed its accounting system to the New Municipal Accounting on 01.01.2010. If revenue and expenses were previously mapped, income, expenses, deposits and withdrawals are now reported. Under new law, depreciation and provisions are also taken into account for the first time in the budget. This means that figures from the 2010 budget can only be compared to previous years (old budgetary law).