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[BUSINESS] · Spain · 4 sources

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Santa Eulària des Riu proposes €69.5 million budget for 2027

The Santa Eulària des Riu City Council has presented a municipal budget proposal for 2027 totaling €69.5 million. This represents an 11.2% increase, or €7 million, compared to the previous year, while maintaining zero municipal debt.

Key allocations include €6,812,690 for investments and €21,174,072 for personnel costs, a 15.97% increase. The personnel budget includes hiring new professionals, such as an economist and an IT technician, and investing approximately €3 million in professional career consolidation and residence allowances.

Operating expenses for goods and services are set at €35,334,265.47, a 13.77% rise from 2026. Specific service increases include €754,527 for street and beach cleaning and €1,635,016 for waste collection. The budget also earmarks €895,788 for green space maintenance and funds for cultural management, home assistance, and animal services.

Revenue projections anticipate higher collections from indirect taxes due to planned construction activity. The property tax (IBI) rate for urban properties remains at 0.40%, while the rate for rural properties will decrease from 0.45% to 0.40%.

Entities

Ibiza · Santa Eulària des Riu · Santa Eulària des Riu City Council

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