The budget for the year 2026 in Estepona sets a new milestone with over 132 million euros in revenues, boosting productive investments to more than 27 million euros and earmarking more than 6.6 million euros for the largest Real Estate Tax (IBI) reduction ever seen in the city. Mayor José María García Urbano emphasized the start of ‘a new economic era in the management of municipal resources,’ redirecting tens of millions of euros previously used to pay off a 300 million euro inherited debt towards city improvement and social welfare. Estepona’s City Council is set to present the initial approval of the budget to the Corporation’s Plenary on September 26, highlighting it as ‘a historic budget’ that no longer carries the burden of inherited debt, enabling a record level of public investment and significant tax cuts. The budget reflects prudent, credible, and responsible financial management, with a nearly 60% increase in investment to fund projects like expanding the pedestrian boulevard, completing the coastal corridor, and creating new sports facilities. Cultural planning also receives significant funding, reinforcing Estepona’s status as a hub for artistic expression. Moreover, the budget allocates funds for public safety enhancements, personnel expenses, and extensive cultural programming. A substantial amount of over 6.6 million euros is allotted for a major reduction in Real Estate Tax, providing a significant economic boost for families. The City Council’s commitment to presenting the budget in a timely manner once again underscores Estepona’s proactive approach to fiscal planning.