The municipal budget will have an additional 13.5 million euros for the improvement of services and debt repayment.

The Plenary gives the green light to a new budget amendment so that the surplus of the 2023 budget will be returned to citizens

Estepona is among the municipalities with the highest public investment per inhabitant with 23% of total expenditure.

The City Council of Estepona has approved today in plenary a file of supplementary credit for a total value of 13.5 million euros from the remaining cash from the year 2023 to be incorporated into this year’s budget, and that will revert to the whole of the citizens.

Specifically, 5 million euros will be allocated to the early repayment of bank debt, 6 million to infrastructures and works, 900,000 euros to social assistance, 800,000 euros to infrastructure conservation services, and another 800,000 euros to improve the solid urban waste treatment service.

All this is possible thanks to the record budget surplus obtained in the liquidation of the 2023 fiscal year, as well as to the normality in the fulfillment of the 2024 revenue budget analyzed by the entity’s Treasury (more than 75 million euros at present).

This is the third file of application of budget surplus to investments and improvements in the city prepared by the City Council. The first one will allow to carry out in Estepona the largest productive investment plan in the history of the city, for a total amount of 9.43 million Euros, promoting the works and maintenance of the suburbs and neighborhoods, the improvement and maintenance of the city’s infrastructures.

The second file will release one million euros to implement a comprehensive plan for the remodeling of children’s playgrounds and leisure areas.

For the ninth consecutive year, the Consistory has managed to place all the economic magnitudes in positive and has taken off economically exceeding all expectations. This is reflected in the General Account for 2023, also approved in the Plenary. Budgetary stability has reached 14.9 million euros, and the cash surplus has reached 37.8 million euros, a record amount since records have been kept.

The historical figures are completed with a surplus of 30.2 million euros. 1,566,593.28, even in a year in which these spending rules are suspended, which shows the rigor and austerity in the control of public spending.

The healthy economic situation of the municipal coffers has allowed that during 2023 have reached 25,749,491 million euros in public investments, which places Estepona among the municipalities of Spain with the highest investment per inhabitant. During 2023, 23% of the year’s expenditure has gone to public investments in actions such as the coastal path, the parking plan, sanitation network, the central boulevard park, works on the Avenida de España, the Mirador del Carmen, the asphalting plan or remodeling of infrastructure in the city, among many others.

As for the inherited debt, it has gone from the 304 million euros that the government team of José María García Urbano found in June 2011, to the 28.5 million existing at the close of the financial year 2023.

The average payment period to suppliers has also been drastically reduced, going from 1,492 days in June 2011 to 15.82 days on average, as stated in the 2023 General Account.

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