Vantaa to gain new principles for employment, as well as immigration and integration
Vantaa City Council assembled for its last council term meeting on May 12. The meeting approved the new principles for employment, immigration and integration, as well as the 2025 policy for the disabled. In addition, the city council approved the 2024 financial statement, and entered for information the assessment report.
The principles of promoting employment refer to those basic guidelines that dictate promoting and supporting employment in Vantaa. These principles strive to ensure that promotion of employment is effective, so that both job seekers and employers will receive the employment support they need.
The principles of immigration and integration dictate promotion of integration in Vantaa and support city-level cooperation on reaching common goals. According to legislation valid as of the beginning of 2025, municipalities are responsible for promoting employment and integration.
Based on clarifications, a survey, and comments by the Council of the Disabled, the policy for the disabled brings forth Vantaa's strengths and development needs per departments. The policy for the disabled is monitored as part of the welfare and health promotion work.
2024 financial statement: Growth, balancing the economy, and carefully considered investments
The City of Vantaa had a total deficit of approximately 61 million euros last year. In addition to the overall weak economic situation, the city’s economy was impacted by, among other things, a decrease in tax revenues and an almost complete halt in construction. However, Vantaa has made investments that will ensure stable growth in the future. The city council handled the assessment report in connection with the financial statement.
Key figures for 2024 in brief:
- Deficit for period was 61.3 million euros.
- Result for period was -58.8 million euros.
- Operating income was 146.2 million euros.
- Operating costs were 862.7 million euros.
- Total tax revenues amounted to 585.2 million euros and state subsidies to 179.1 million euros. Tax revenues fell 26.8 million euros short of the budget's original tax revenue estimate.
- Gross investment expenditure amounted to 149.6 million euros and the self-financing share of investments amounted to 147.5 million euros.
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The city’s external loan portfolio grew by 70 million euros with the city’s external loans amounting to 861 million euros at the end of the year.
In addition, the meeting discussed the city councilors’ initiatives regarding mortgage pipes, the animal welfare program, Hakunila playground, and the city's remote accesses from abroad.
