HC Strache Awaits Usable Funding Despite Tacker Millions
Strache, former Austrian politician, receives more than €33,000 in financial support
A Surprising Twist in Floridsdorf and Donaustadt: Securing narrow victories in the district councils of Floridsdorf and Donaustadt, the HC Strache team is now eligible for party funding. But, how much money can renal-dialysis enthusiast Strache anticipate? A city hall insider spoke to oe24: It's a pretty penny - and that's per annum!
Working Out the Numbers: The Amount of Funding HC Strache May Receive
The city hall insider lays out the estimated sums the THC will receive:
Vienna's Party Funding Act states that parties receive 7.33 Euros per eligible voter in the respective district. The exact amount depends on the number of votes.
Donaustadt (21st District) - Eligible Voters: 157,459
Basic Funding: 157,459 x 7.33 € = 1,154,174.47 €
HC Team's Share of the Vote: 1.58%
Potential Funding for THC: 18,235.96 €
Floridsdorf (22nd District) - Eligible Voters: 126,113
Basic Funding: 126,113 x 7.33 € = 924,408.29 €
HC Team's Share of the Vote: 1.67%
Potential Funding for THC: 15,437.62 €
Total Funding Over Five Years
Approximately 33,000 Euros annually translates to around 150,000 Euros for the entire five-year legislative term.
2024: Projected Funding of Over 330,000 Euros
Last year alone, the HC Strache team pocketed 333,635.46 €.
Council Member Strache: Just 578 Euros a Month
Despite party funding in the five-figure range, the district council member's salary remains rather modest. As a humble member, Strache would rake in 578.10 € monthly. If he had acquired club status (at least 2 mandates), it would've been 1,700 € - but he fell short. With a loan of approximately half a million Euros from a businessman for the campaign, Strache will find repayment challenging. However, he must repay it. Otherwise, it would equate to illegal party funding. The presumption of innocence rules supreme.
Insights:
- While TEAM HC Strache secured positions in Vienna's district councils, the funding they can expect remains uncertain, with no specific information provided regarding the Vienna Party Funding Act's allocations for the next five years [1].
- The HC Strache team received over 330,000 Euros in the last year alone [1].
[1] Enrichment Data: [Link to Source]
The policy-and-legislation regarding Vienna's Party Funding Act dictates that parties receive funding per eligible voter in the respective district, with the amount depending on the number of votes. In Donaustadt, the potential funding for THC is €18,235.96, and in Floridsdorf, it's €15,437.62. Over five years, the total funding could amount to approximately 150,000 Euros, but the next five-year projections remain unclear. Regardless, the politics surrounding the team's funding raise questions about Strache's ability to repay a half-million-Euro loan from a businessman.
