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Disagreement over Whether the City's Operations Are in Balance or in Freefall
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The mayor says the city's operations are in balance, but the leader of the Independence Party says six-month results indicate continued slack in operations. The City of Reykjavík's operating surplus was ISK 600 million less than planned in the financial plan. The City of Reykjavík's six-month results were presented today. The operating result after capital items and depreciation was negative by ISK 47 million. Mayor Heiða Björg Hilmisdóttir says…
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