Operational discipline, further development and improved service
Operation
The City of Hafnarfjörður has been doing well in recent years. The budget provides for
for a continued positive operating result of 985 million króna on
In 2019, Debt Ratio
continues to fall and is estimated
Cash flow from operations increases.
Draft budget for the municipality of Hafnarfjörður for the year
The 2019 budget and the 4-year plan 2019-2022 will be presented to the town council for first reading.
Wednesday, 14 November. The second reading of the budget will be in December.
Application coefficient
Property taxes lowered and support for families with children
In the budget
For the year 2019, the property tax levy rate will be lowered, and these are the
Reaction to a significant year-on-year increase in the calculated property valuation in Hafnarfjörður.
Thus, the property tax rate for commercial property is reduced from 1.57% to
1.401% and property tax on residential property from 0.281% to 0.261%. The council tax rate
will remain at 14.48% but it was lowered from 14.52% in 2017. Sibling discount on
Nursery school fees increase, and the third sibling in primary school receives free school meals.
The operation of the City of Hafnarfjörður has gone well in recent years.
The budget provides for a continued positive operating result.
to 985 million króna in 2019, but it is estimated at 798 million króna on
in 2018. The debt ratio continues to fall and will be in line with the plan.
120% at the end of 2019. Projected operating cash flow increases by 474 million króna from
2018 plan. It is planned to invest 4.5 billion króna in the year 2019. „This budget confirms how the finances of the City of Hafnarfjörður have
has strengthened in recent years and how important it is that the path of disciplined leadership is continued
financial management. The town's debt ratio continues to fall as
The council's service is enhanced. We then lower the rateable value.
property taxes to offset significant increases in property valuations on both residential
and commercial premises in the town“ says Rósa Guðbjartsdóttir, Mayor of Hafnarfjörður.
Welfare, prevention and early intervention
service
In the budget
For 2019, continued development in the town and increased services are announced.
for residents in all areas of the municipality. The number of social housing units will continue to be increased systematically.
and Flat purchases to be worth around 500 million
a crown per year for the next four years. The increased funding will be used to continue to
develop and establish new early intervention services, but work has been carried out on
the project throughout 2018. The project is about finding ways to improve
social, educational and mental health services for the town's nursery and primary school children
and their families. Full-time equivalent posts of psychologists to provide services for nursery and
The number of primary schools was increased during the year, and there are now around 800 pupils per full-time equivalent post, but
were about 1,200 previously. The aim is to attend to
to further its preventative role, hold courses and maintain a waiting list. Staying fee
at nursery school will remain unchanged for the sixth consecutive year. Increased
A sibling discount is applied to nursery fees; the discount for a second sibling is reduced from 50% to 75% and for a third sibling from 75% to 100%. Means-tested.
The discount on nursery fees will be increased. The discount percentage for the lower tier will go from
40% in 75% and the discount rate of the upper tier goes from 20%
in 50%. A sibling discount on the meal charges of primary school pupils will be introduced,
The third sibling gets in free. Work will continue on a project about multifaceted
Wellness for the 65+ in Hafnarfjörður. Development and improvement will continue.
services for older people in their own homes, such as through the use of social care technology, as well as
that which is determined to be necessary for an increased level of service with an approved measuring device.