Ylojarvi Municipality Unveils 2024 Budget Proposal with Focus on Growth and Investment

The municipality of Ylojarvi in Finland has submitted its proposal for the 2024 budget, outlining plans to drive growth and investment in the region. The budget proposal, which includes a 0.54 percentage point increase in the municipal tax rate and a 0.05 percentage point increase in the general property tax on buildings, aims to support the city's expansion and improve public services.

Key Takeaways:

  • The budget proposal includes a total tax revenue of 81.5 million EUR, with state contributions expected to decrease by about one million euros.
  • Operating expenses for the city of Ylojarvi in 2024 are estimated at 116.9 million EUR, with an annual profit of 9.1 million EUR and a deficit of 3.0 million EUR for the financial year.
  • The municipality predicts a population growth of 200 inhabitants in 2024, reaching a total of 34,000 residents.
  • The budget proposal includes investments worth 27.5 million EUR in 2024, focusing on education, welfare services, and municipal technology.
  • Significant investments include the construction of a new Siltatie unified school, the extension of the Vuorentausta middle school, and the development of the Vuorentausta and Siltatie areas.
  • The municipality plans to accelerate investment in public areas, including the construction of new schools, sports facilities, and recreational spaces.

Statistics:

  • Total tax revenue: 81.5 million EUR
  • State contributions: expected to decrease by about one million euros
  • Operating expenses: 116.9 million EUR
  • Annual profit: 9.1 million EUR
  • Deficit for the financial year: 3.0 million EUR
  • Population growth: 200 inhabitants in 2024, reaching a total of 34,000 residents
  • Investments: 27.5 million EUR in 2024
  • New vacancies: 24, including 16 in early childhood education and 4 in the technical sector

Sources:

  • Ylojarvi Municipality
  • Mayor's proposal for Ylojarvi's 2024 budget
  • City manager Pauli Piiparinen
  • CFO Juha Liinavuori