International rating agency Fitch has affirmed Tallinn's long-term credit rating at its current high level of AA-, but revised the rating outlook to negative.
From 12 September until 2 October, all Tallinn residents are invited to submit proposals about projects to be funded by the Tallinn participatory budget 2023.
From 15 to 17 September, thousands of lights will be lit in Kadriorg Park, Pae Park, Tallinn Old Town and Männi Park, inviting residents and visitors to take an illuminated walk. The theme of this year's outdoor light festival 'Valgus Kõnnib' (Wandering Lights Festival) is "Stories of the night".
A total of 415 ideas for improving city life in the coming year were submitted by Tallinn citizens to the Tallinn participatory budget call for ideas, with the highest number of proposals intended to improve the areas of youth, sports and leisure.
Next week on 21 November, 114 ideas for Tallinn's 2023 participatory budget will be put to a referendum in the city's districts - already now, residents can find out more about the ideas to be put to the vote in their own districts on the website.
Tallinn's draft city budget for next year proposes a total of €41 million for operating expenditure and investment in the area of urban assets, with a focus on developing municipal and social housing, supporting housing associations and improving the energy efficiency of city-owned buildings.
Next year's draft city budget foresees a total of €50.1 million for operating expenditure and investments in the area of environment and environmental protection. In addition to the activities related to the European Green Capital, for example, the improvement of parks and green spaces will continue as an important part of creating a high quality urban space.
In the vote on Tallinn's 2023 inclusive budget, projects that promote healthy and mobile lifestyles in an urban space close to nature and bring additional amenities to recreational areas were successful.