Italian municipal budget approvals

Overview

Various Italian city councils have moved to approve their 2025 consolidated budgets, reflecting the economic and financial status of their municipalities alongside their subsidiary companies.

In Reggio Calabria, the City Council approved a consolidated budget reporting a surplus of approximately 90 million euros. Municipal officials noted that while the municipality reported an operating profit of about 92 million euros, the consolidated figure does not represent liquid funds immediately available for new expenditures. The report included draft figures from the subsidiary Castore.

Similarly, the Alassio City Council passed its 2025 consolidated budget with support from the majority. The report indicated a consolidated net worth of over 96 million euros and a net profit of approximately 1.75 million euros after taxes, covering entities such as Gesco Srl and Marina di Alassio Srl.

Entities

Castore · Reggio Calabria · Francesco Consiglio · Alassio

Timeline

1 day ago

[POLITICS] 4 sources
Alassio City Council approves 2025 consolidated budget
The Alassio City Council approved its 2025 consolidated budget, reporting a net profit of over 1.75 million euros.
2 days ago

[POLITICS] 4 sources
Reggio Calabria approves consolidated budget with 90 million euro surplus
Reggio Calabria's City Council approved a 2025 consolidated budget showing a 90 million euro surplus, despite ongoing discussions regarding the budget approval status of its subsidiary, Castore.

Sources

adspmaredisardegna.it · alassionews.it · estense.com · genovaquotidiana.wordpress.com · ilreggino.it · linkoristano.it · varesenoi.it · vivienna.it