Plan to Run the City in Profit Next Year

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The operation of Reykjavík City's A-part, which includes the city itself and its basic activities, is expected to generate a surplus of ISK 4.8 billion in 2026, according to next year's budget presented today. An announcement of the plan was published on the Stock Exchange just before noon. The surplus is expected to grow in the coming years and reach ISK 10.6 billion in 2030. Working capital from operations – which measures...

RÚV

Factuality

Ownership

"There will continue to be investment in the city, there will continue to be safe services and children and families with children will continue to be a priority," says Heiða Björg Hilmisdóttir, Mayor of Reykjavík, about the budget for the City of Reykjavík that was presented today. It is expected that the City of Reykjavík will operate with a surplus of ISK 18.7 billion next year. If we look at Part A, which is the core operation and is finance…