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2013 – year of investments

2013 – year of investments
18.02.201311:10

The value of the investments planned for 2011-2014 is over two million zlotys. Financed from the EU funds as well as from loan resources (around 320 million zlotys), these investments are, inter alia, construction of the Lublin Airport, of ul. Mełgiewska, ul, Zelwerowicza, ul. Koncertowa, ul. Filaretów and ul. Grygowej, modernisation of al. Solidarności till the „Dąbrowica” interchange, revitalisation of the Cultural Centre and renovation of the Teatr Stary.

Lublin public debt is related only to the city's investments and development.

At the end of 2006 (i.e. at the end of Mayor Mr Andrzej Pruszkowski's term), public debt amounted to approx. 189.2 million zlotys, with around 451 million zlotys of capital expenditures realized in 2003-2006. At the end of 2010 (i.e. at the end of Mayor Mr Adam Wasilewski's term), the city's debt amounted to approx. 667.7 million zlotys, with around 1.1 billion zlotys of capital expenditures.

At the end of 2012 (i.e. after two years of Mayor Mr Krzysztof Żuk's term), the city's accumulated debt amounted to around 887 million zlotys. In 2011-2012, the city took a loan of approx. 210 million zlotys to carry our capital expenditures of over 760 million zlotys. This means that the incurred debt enables the city to finance investments and, in the form of own contribution, to contract EU funds (over 335 million zlotys entered into the budget within this period). In this term, Lublin carries out projects worth in total, involving EU funds, around 1.3 billion zlotys (signed agreements).

2012 capital expenditures per capita were 1303 zlotys, which means an approx. double increase of expenditures in comparison to 2010 when their value per capita was 637 zlotys.

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