Finance and procurementsResidents

A budget is a plan concerning city's actions and economy. The city council decides on it annually.

A person in front of the town hall holding a tablet. The tablet screen shows a graph of the budget.

Each year the city council decides on a budget. It is approved in the end of the year before a new fiscal year begins.

City strategy is a key element in planning a budget. Through the strategy and annual budgets the council members are able to have an impact on how the city functions. The budget consists of plans for both the upcoming fiscal year and the three years following it. Budget defines how resources are collected and allocated.

In other words, a budget presents us:

  • the things the city is planning to use money on
  • how much the plans are estimated to cost and
  • how the city is financing its plans.

Budget 2023

Mayor of Vantaa, Ritva Viljanen, has published her 2023 budget proposal. The mayor's budget proposal will progress to decisionmaking. The city executive board is scheduled to give its budget proposal to the city council on November 1, and the city council is to decide on the budget on November 14.

The city’s and funds’ combined operating income in the 2023 budget amounts to €344.4 million, while the operating costs amount to €986.3 million. Compared to the 2022 budget, the operating income will diminish by 27.4% and operating costs by 46.7%. The reason behind these changes is founding of the wellbeing services counties and the related change in the city's budget structure.


After a budget has been made, the city monitors how the goals and plans specified on a budget are achieved. The budget is regularly evaluated. Finally, the financial statements of a previous fiscal year are presented to the city council.

More information

Matti Ruusula

Director of Finance and Strategy
043 824 9254 firstname.lastname@vantaa.fi

Päivi Kandolin

Budget Manager
040 626 7613 firstname.lastname@vantaa.fi

Päivi Kunnas

Budget Secretary
050 318 1583 firstname.lastname@vantaa.fi