Editing Espoo (section)

=== City of Espoo ===
The city of Espoo funds its services mainly by taxation. In 2021 the tax income of the city, consisting of the municipal tax, the communal tax and the property tax, amounted to 1,711 million euro,<ref>[https://web.archive.org/web/20210117101314/https://veronsaajat.vero.fi/fi-FI/Home/PBI Raportit : Kausitilitykset : Kunnat : Valittu kunta : Espoon kaupunki], Finnish tax bureau. Accessed on 13 January 2022.</ref> with the municipal tax rate being 18.00 percent.<ref name="talous">[https://issuu.com/espoonkaupunki/docs/talouskertomus_2016 Talous 2016] {{Webarchive|url=https://web.archive.org/web/20220913202216/https://issuu.com/espoonkaupunki/docs/talouskertomus_2016 |date=13 September 2022 }}, city of Espoo. Accessed on 16 November 2017.</ref> By number of employees, the city of Espoo is the biggest employer in Espoo: in 2016 it employed about 14 thousand people.<ref>{{cite web | url=http://www.espoo.fi/fi-FI/Tyo_ja_yrittaminen | title=Espoo.fi > Työ ja yrittäminen | archive-url=https://web.archive.org/web/20171212125051/http://www.espoo.fi/fi-FI/Tyo_ja_yrittaminen | archive-date=12 December 2017 }}</ref>

The economy in Espoo leaves a surplus, but this is not enough to finance the investments of the growing city.<ref name="talous"/>

Espoo has signed the principles of responsible investment of the [[United Nations]]. The city of Espoo has five investment funds: the basic services and land acquisition fund, the development fund of basic services, the development fund of entrepreneurship and employment, the investment fund and the accident fund.<ref name="talous"/>

A characteristic feature of Espoo is that the city manages its investments through its daughter companies.<ref name="talous"/>