Mayor Jussi Pajunen: The City's goal of a balanced economy is being achieved
"A moderate operational expense growth and the investment framework improve the City's financial balance step by step, but especially the public transport investments must still be financed through further borrowing", says Mayor Jussi Pajunen of his Budget Proposal for 2017. Read more
Budget 2017 (pdf, in Finnish)
Budget visualisation 2017 (in English, under the Finnish pages)
The mayor prepares the budget proposal annually for the next calendar year and the economic plan for the next three years.
The mayor’s City of Helsinki 2017 budget proposal was published on Wednesday, October 5, 2016. After this, the City Board discussed the budget proposal twice in October (October 10 and October 24, 2016). The City Council then discussed the budget proposal twice in November (November 9 and November 16, 2016). On the latter occasion, the City Council decided on the local taxes and property tax for the next year and approves the budget. The budget was approved November 30th.
The budget is published in Finnish and Swedish. The annual reports are published in English.
What is the City budget?
Presented in the budget are the development goals for city functions and an account on how the operations and investments will be financed. The starting point for the drawing up of the budget lies in the financial goals of the strategy programme 2013–2016.
An investment examination is worked out in Helsinki for ten years, in connection to the budget work. The budget includes task and project specific operational objectives, appropriations and revenue estimates.
The City Council decides on the binding level of the department goals annually in connection to the budget work. Only the Council can alter the contents of the budget during the year. The completion of the objectives established in the budget is followed up and the City Councillors will be notified on the progress.