At the end of 2016, the canton had debts of CHF 12.5 billion, equal to 153% of its income. The CHF 80 million budget deficit predicted for 2017 turned into a CHF 69 million surplus, CHF 149 million better. Instead of CHF 8.06 billion, the canton raked in CHF 8.21 billion. Big profits for the Swiss National Bank, which counts the canton of Geneva as a shareholder, added to the bounty. Tax received from companies was lower (-3.7%) than the year before as was tax from real estate (-10.5%) and inheritance (-26.6%).

Source: Le News March 30, 2018 10:41 UTC