The Canton of Basel-Stadt has revised its 2024 budget surplus projection to 106 million francs, up from an initial estimate of 73 million francs, primarily due to increased tax revenue expectations. However, shortfalls are anticipated in other direct taxes, including inheritance and property gains taxes, totaling nearly 80 million francs, alongside a CHF 46 million deficit from the Swiss National Bank's profit distribution due to its 2023 losses.
