Stockholm County Council had a surplus of SEK 2,130 million before transition costs, as reported in its year-end report for 2017.
The surplus for 2017 amounted to SEK 2,130 million before transition costs, which was SEK 422 million higher than the previous year. The surplus after transition costs amounted to SEK 1,242 million in 2017.
Very large investments are now being made in both healthcare and public transport. Continued careful control of the rate of cost increases is necessary to enable continued investments needed for a growing Stockholm.
"This is a surplus for full-year 2017. Even if the surplus is an incredible amount of money, the percentage of the turnover is still modest and places great demand on cost control. This means that we have to continue to improve the efficiency of the operations and our administrative units. We are doing this to focus our resources on the County Council's core activities of healthcare, public transport, culture and regional planning," says Malin Frenning, County Council CEO.