{"id":14068,"date":"2019-12-11T00:00:00","date_gmt":"2019-12-11T00:00:00","guid":{"rendered":"https:\/\/hafnarfjordur.is\/fjarhagsaaetlun-2020-samthykkt\/"},"modified":"2022-10-25T09:02:28","modified_gmt":"2022-10-25T09:02:28","slug":"2020-financial-plan-approved","status":"publish","type":"post","link":"https:\/\/hafnarfjordur.is\/en\/fjarhagsaaetlun-2020-samthykkt\/","title":{"rendered":"Budget for 2020 approved"},"content":{"rendered":"

Sound financial position and debt ratio continues to
\nto lower <\/strong><\/p>\n

Hafnarfj\u00f6r\u00f0ur's budget
\nThe 2020 budget and the 4-year plan for 2020-2023 were approved by the town council today.
\nWednesday, 11 December. The operation of the City of Hafnarfj\u00f6r\u00f0ur has gone well recently.
\nyears and bears the hallmarks of disciplined financial management, stability and a strong
\nfinancial position. The emphasis remains on increased services and on development and strengthening
\ndigital service channels.<\/em><\/p>\n

Hafnarfj\u00f6r\u00f0ur
\nis the third largest municipality in the country with total expenditure of around 29.3 billion
\ncrowns, an estimated wage cost of 14.7 billion crowns and an estimated financing cost
\nabout 1.4 billion kr\u00f3na. The operations of the City of Hafnarfj\u00f6r\u00f0ur have gone well in recent years.
\nThe operating result was positive, amounting to 1,129 million kr\u00f3na in 2018 and positive
\nabout 799 million kr\u00f3nur in 2017. Thus, it is also expected that
\nThe operating result for the current year will be positive by approximately 791 million.
\nKrona. Council tax percentage will remain unchanged year-on-year at 14.481%. Sibling discount
\nhas increased and the leisure allowance has risen. The debt ratio will be around 105% at the end of the year.
\n2020 and on schedule to be around 112% at the end of 2019. Estimated
\nCurrent assets from the operations of Sections A and B are 3.6 billion kr\u00f3na, or just under 12% of
\ntotal revenue. It is planned to invest 3.1 billion in the year 2020 and bears
\nnotably the development of the southern harbour, the purchase of social housing, \u00c1svallabraut,
\nutility works and prioritisation of core services, including school facilities,
\ntransport, sewerage and renewal at S\u00f3lvang, along with ongoing works
\nat a new play, music and primary school in Skar\u00f0shl\u00ed\u00f0. <\/p>\n

\u201e<\/em>At the same time
\nto strengthen and improve the municipality's core services, to organise important
\non projects and ongoing maintenance in line with a specific prioritisation, then we have
\nwe have been taking important steps towards a \u201esmarter\u201c Hafnarfj\u00f6r\u00f0ur. Changed
\nNeeds and the working environment require that we seek every means to
\nto enhance services and make information increasingly accessible. A strong emphasis
\nEmphasis will be placed in the new year on modernising and developing the services provided with clearer
\nprocedures and the application of information technology\u201c <\/em>says R\u00f3sa Gu\u00f0bjartsd\u00f3ttir, the mayor
\nThe City of Hafnarfj\u00f6r\u00f0ur in connection with the adoption of the budget today. Work will continue on
\nmajor implementation projects in all areas, including health promotion
\nall age groups, early intervention, multiculturalism, user consultation and improvements to
\nThe working environment for students and staff.<\/p>\n


\nAttached are the supporting documents for the budget:<\/strong><\/p>\n