Estepona City Council reports surplus in 2025 budget liquidation
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Last year, the Consistory closed its bank accounts with a surplus of over 90 million euros. Today, the Plenary of the Estepona City Council presented the liquidation of the Municipal Budget for 2025, which ended with a surplus of 40.29 million euros. Key points included an advance payment of 25.37 million euros to clear the inherited debt, resulting in zero outstanding debt by December 31, 2025. This allowed a 50% reduction in Real Estate Tax for citizens. The surplus enabled the Council to continue ongoing projects, allocating funds to various initiatives such as construction of the Central Park Boulevard, suburban redevelopment, asphalting plans, public park improvements, energy efficiency, coastal corridor extension, and subway parking network expansion. The investment plan for the current year amounts to 27.7 million euros. The municipal Treasury held a balance of 90,114,690.19 euros at the end of 2025, despite central government restrictions. The average payment period was 16 days, showcasing Estepona’s prompt payment reputation. The Plenary also approved updates to the Local Emergency Plan for Forest Fires, enhancing resources and means for fire prevention and suppression. Additionally, a public space in the city will be named after the Consular Corps of Malaga, in appreciation of their assistance to foreign citizens.

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Stacey Watson

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