2027 Budget

Illustration of a to-do list, clock, calculator, and speech balloon.

Budgeting sets limits on the funding sources for departments and institutions for one year and is one of the main tools that the City Council uses to achieve its operational and executive goals.

Consolidated

Reykjavík City’s consolidated group includes Section A and the companies and regional partnerships in Section B – Autonomous Entities.

Operating revenue

322,4

billions of ISK

Surplus

12,9

billions of ISK

Investments

73,8

billions of ISK

Section A

Section A includes the Municipal Fund and the Real Estate Fund and is funded partly or entirely through tax revenue.

Operating revenue

226,3

billions of ISK

Surplus

2,8

billions of ISK

Investments

23,6

billions of ISK

Documentation