Belváros-Lipótváros


District V is the heart of Budapest and the political, financial, commercial and touristic center of Hungary. The name of the district is Belváros-Lipótváros, which refers to the two historical neighbourhoods that is located in the district; Belváros and Lipótváros.
Inner City is the old town of Pest, while Leopold Town was established in the early 19th century, and became the political and financial centre of Hungary in the early 20th century when the Hungarian Parliament was built. The two neighbourhoods were originally the 4th and 5th districts of Budapest until 1950 when the two districts were merged and number IV was given to Újpest.
Today there is a coexisting larger definition of "inner city" which includes all of District V and some parts of District VI, District VII, District VIII, District IX and District XIII, and sometimes even some parts of the Buda side, however this larger definition is only colloquial.
The reason Inner City is not the 1st district, is that until 1873, Buda served as the capital city of Hungary, so it was obvious to start the numbering at the Buda Castle District. Districts on the Pest side received numbers from IV to X.

Location

The Inner City is situated in the Pest side, on the banks of the Danube.
Neighbours of District V are :
Inner City
Leopold Town
The current mayor of V. District of Budapest is Péter Szentgyörgyvölgyi.
The District Assembly, elected at the 2019 local government elections, is made up of 15 members divided into this political parties and alliances:

List of mayors

Twin towns

Belváros-Lipótváros is twinned with: