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Brecknock Township and Germany finalize 2026 budgets with tax hikes and higher borrowing

From a 20% local tax jump to Germany’s €89.9B debt surge, these budgets reveal shifting priorities. Will higher spending stabilize—or strain—communities?

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they are cars riding under the rich and people riding bicycles under the bridge and there are few...
they are cars riding under the rich and people riding bicycles under the bridge and there are few vehicles in front of the building.

Brecknock Township and Germany finalize 2026 budgets with tax hikes and higher borrowing

Brecknock Township has approved its 2026 budget, showing a modest rise in both income and spending. The plan was finalised at a Board of Supervisors meeting on December 9. Meanwhile, Germany’s federal government also set its 2026 budget in late 2025, with higher borrowing and targeted investments.

The township’s general fund will balance at $2.87 million next year, reflecting a 3.45% increase over 2025. Earned income tax remains the top revenue source at $1.41 million, followed by real estate taxes at $788,000. To fund these services, the local real estate tax rate will climb from 1 mill to 1.2 mills—a 20% jump.

Road projects will take up $393,000 of the budget, while highway repairs are allocated $310,000. The Board of Supervisors will reconvene at 4 p.m. on January 5 for further discussions. At the national level, Germany’s Bundestag passed the 2026 federal budget in late November 2025. After approval by the Bundesrat and the Bundespräsident’s signature, Finance Minister Klingbeil presented the final figures. Total spending will reach 520.5 billion euros (excluding special funds), with new borrowing rising to 89.9 billion euros—or 174.3 billion euros when including special funds. This marks a 31 billion euro increase from 2025. Bürgergeld rates for single adults will stay fixed at 563 euros.

The township’s budget now moves into implementation, with higher taxes and infrastructure spending on the horizon. Nationally, Germany’s financial plan prioritises investments and consolidation while expanding borrowing. Both budgets will take effect from January 1, 2026.

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