Hafnarfjörður reduces general tariffs

3% tariff increase instead of 9.9% in 2024

The Hafnarfjörður Town Council decided at its meeting last week to propose a revision of the town’s general tariffs and not increase them more than 3%. Much of the change will take effect as of May 1st and goes in line with statements made by the Hafnarfjörður Municipal Authority from autumn 2023 on the revision of rate increases for 2024, if the results of the labor agreements would warrant it. Thus, the municipality wants to contribute in terms of growth and expectations for inflation.

“The town of Hafnarfjörður contributes to reaching a national agreement in long-term collective agreements through the revision of tariffs as announced by the municipality last autumn,” says Rósa Guðbjartsdóttir, Mayor of Hafnarfjörður. “We welcome the labour agreements that have been negotiated and emphasise that joint efforts can bring down interest rates and inflation. It’s a great benefit to the families and businesses.”

The change will take effect from May 1st

The change is expected to take effect as of May 1st, subject to the contracts with municipal employees, being in line with agreements signed on the general labour market. If the changes take effect, the town’s revenue will be reduced by approximately ISK 36 million from the 2024 budget. Due to these changes, an appendix will be added to the financial plan and submitted to the council.