financial management
Estepona City Council Achieves Record Low Payment Periods in 2025
A recent report from the Municipal Treasury has revealed that Estepona City Council managed to bring down the average payment period to suppliers to just 16 days in December. This marks a significant improvement compared to the staggering 1,492 days suppliers had to wait during the previous administration. The council will present this achievement in…
City Council approves process for significant reduction in IBI in Estepona after clearing debt
During the session, a decision was made to allocate a credit supplement of 6 million euros to subsidize the Real Estate Tax (IBI) for residents. The City Council of Estepona has given the green light to the necessary economic measures to carry out the largest IBI reduction the city has ever seen, resulting in a…
Estepona City Council Resolves Massive Debt Inherited from Previous Administration
The current governing body was forced to settle a debt of nearly 3 million euros, which included both the principal and interest accumulated due to late payments, as a result of a legal claim filed by the construction firm for works that were contracted in 2005. In April of this year, the Estepona City Council…