The spring financial news is well on the positive side
Last year's financial statements of the city of Äänekoski turned into a strong surplus
In 2023, the city of Äänekoski made a clearly stronger result than expected. The result for the financial year is 4,6 million. EUR, after which the city's balance sheet has an accumulated surplus of just over 7,5 million. euro.
The financial statements are about 4,5 million euros better than the original budget. The background of a good result is the sum of many factors. Tax revenues were collected better than expected and operating income and operating expenses were realized better than budgeted. Savings measures initiated in the fall also partially reduced operating expenses.
- However, the people of Äänekoski and the companies of Äänekoski did better than expected considering the circumstances, which was reflected in positive tax revenue accumulation. The adjustment of the economy was also started without delay at the right time, CFO I met Hämäläinen thank.
- A positive result and good financial news are encouraging in these tough times and bring hope for the future. This is also proof that we can steer the ship in the direction we want; so we succeed in our task of providing our residents with services and conditions for a good life, mayor Matti Tuononen says.
- Decision-makers have also been told throughout the year that the result will be positive. Although the result in 2023 was excellent, it is worth noting that the decreasing state shares will weaken the economic outlook in the period, Tuononen says.
The SOTE change is now visible in the city's economy
The responsibility for organizing social and health care and rescue operations was transferred to the welfare regions on January 1.1.2023, XNUMX, which is reflected in major changes in the operations and finances of the municipalities.
- In the Social Security reform, the municipalities' tax revenues and state shares were cut significantly, which is why tax revenues and state shares will accumulate significantly less in 2023, Hämäläinen clarify.
Äänekoski's operating income was 2023 million in the 13,9 financial statements. EUR and they decreased by 6,6 million EUR (-32,2%) from 2022. Operating expenses were 64,0 million. EUR and they decreased by 88,5 million. EUR (-58,0%). The operating margin for the fiscal year 2023 was DKK 50,0 million. EUR (2022: EUR 131,9 million): it decreased by EUR 81,9 million. euro from the previous year.
The city's tax revenue decreased by 33,5 million. EUR (-42,2%). The collection of municipal tax was 31,2 million. EUR (-48,5%) weaker than the previous year. Corporate tax collection decreased by 2,9 million. EUR (-30,2%) and the property tax collection was 0,6 million. EUR (10,8%) better than the previous year. The state contributions were 15,6 million. EUR and they decreased by 36,7 million. EUR (-70,2%) from the previous year.
The city's annual profit was 13,8 million. euros and it improved compared to the previous year by 13,6 million. euro.
Depreciation according to the plan was approximately 8,3 million. EUR and they were 0,1 million euros higher than the previous year. The total amount of depreciation was 9,2 million. euro.
The city's loan portfolio in the 2023 financial statements was DKK 73,2 million. euro. The loan portfolio decreased by approx. 0,1 million. euro compared to the previous year. Loan per inhabitant is 4 (070: 2022) euros.
The amount of investments in 2023 was 6,4 million. euro.
Measures to balance the economy must be continued
Municipalities' financial worries will continue in the coming years. The city of Äänekoski will also continue its purposefully planned economic balancing measures in order to secure good services for the municipal residents in the future as well. The current year's budget is only slightly surplus.
- Our personnel is committed to economic adjustment measures in order to achieve common goals for the benefit of our residents, Tuononen says.
The Äänekoski city council will discuss the 2023 financial statements at its meeting on Monday, March 25.3.2024, XNUMX. The agenda and financial statement 2023 can be found here.
For more information:
Mayor
Matti Tuononen
+040 572 3239
matti.tuononen@aanekoski.fi
Financial manager
I met Hämäläinen
0400 115 256
tapani.hamalainen@aanekoski.fi
News published, modified 21.3.2024 at 14:07