Torrevieja City Council has approved the plan for the city’s budget for 2026, which is €187.7 million, an 11.38% increase over the previous year. The records, which were shown by Mayor Eduardo Dolón and Councillor for Economy and Finance Domingo Paredes, are based on a balanced budget and follow all tax laws.
Dolón said that this is “a realistic and responsible budget that will keep the economy stable without raising taxes while continuing the social and urban transformation of Torrevieja.” Paredes, on the other hand, stressed that the accounts “prioritise social care, employment, housing, and public investment, which improves the quality of services and keeps costs down.”
New policy for housing and social assistance
The budget for 2026 contains additional lines of social assistance. For example, it includes €50,000 for helping children with cancer get well, €30,000 for helping individuals with neurological disorders, and €200,000 for helping young people become independent by giving them access to rented accommodation.
The City Council also intends to generate 17.8 million euros through the sale of municipal plots designated for public housing. The goal is to expand the affordable housing market and revitalise the city centre. It is also still planned to set up a public housing firm with money from the city.
More than 46 million dollars in investments
The real investment chapter is now worth 46.2 million euros, which is 44% greater than it was in 2025. Some of the most important projects are the remodelling and improvement of parks and gardens (2.26 million), the building of the new Alto de la Casilla park (500,000 €), the Alzheimer’s Centre, better public lighting and security, and new actions to improve mobility and accessibility in cities.
The Environment area is also getting stronger, with more than 7.3 million euros in current spending and 2.2 million euros in investments, plus 363,000 euros that are being co-financed by European funds.
Current spending on public services
The current cost of products and services is 83.7 million euros, which is a 5.97% rise, mostly because landfills are more expensive now. This part talks about the most important city contracts, like picking up trash, cleaning the streets, running public transport, keeping parks up to date, running sports schools and running social programs.
The 7 million euro budget for starting the new urban public transport service is especially important.
The City Council will give €10.8 million to transfers to groups, associations, and people. This is a 7.7% increase. This includes €800,000 for local NGOs, €400,000 for retirees, €350,000 for the PEIS program, €100,000 for Carnival, and €90,000 for the Convega Consortium to help people find jobs.
Participatory budgeting and keeping money stable
The 2026 Participatory Budget will have a budget of 2 million euros, which will include all investment suggestions from the neighbourhood.
The council’s debt has been cut by 71% to €250,000 because the loans were paid back early. The €61.4 million from direct taxes and the €20.8 million expected from selling or trading assets are the most important sources of income.
Paredes ended by saying, “With this budget, Torrevieja guarantees the quality of its public services, strengthens social policies, and keeps taxes low and fair.” Dolón said that the accounts “help us keep moving towards a city that is more modern, green, and accessible, with more opportunities for everyone.”
Author: Derek Appleton
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