Theater Plauen-Zwickau: Savings plans ahead of next season

"We urgently need adequate funding"

Despite this, the theater management does not expect to be able to cope with the deficit alone: "We urgently need adequate funding - this includes dynamic subsidies, a reformed cultural area law and finally planning security." The annual increase in the deficit is likely to be around 500,000 euros. "The reserves have been used up and next year there will no longer be enough liquidity to service all liabilities," continued Sandra Kaiser.

The main cause of the financial crisis is considered to be rising personnel costs, which account for more than 80 percent of total expenditure. Pay increases therefore have a particularly strong impact. At the same time, public subsidies have not yet been dynamized, while municipal budgets are also under pressure.

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