The Torrevieja City Council plenary session this morning approved the Municipal Budget for the year 2026, which is worth 187,732,919.75 euros. This is an 11.38% increase from the previous year. The Popular Party, VOX, and Sueña Torrevieja voted in favour, while the PSOE voted against.
Domingo Paredes, the Councillor for Economy and Finance, said in his speech that these are “social, economic, and sustainable” budgets that will strengthen social policies, stabilise public employment, encourage investment, and keep the promise not to raise taxes on the people of Torrevieja.
Domingo Paredes has much appreciated the help of VOX and Sueña Torrevieja. The latter is a municipal group that has made a number of good changes that were taken into consideration when the budget was finalised.
“These budgets came from the input of citizens and are now solidified by political agreement.” Citizens sent in their ideas, and opposition parties that wanted to take part did so as well. The councillor said, “It is a budget that adds value, brings people together, and moves the city forward to build the Torrevieja that its citizens want.”
The city’s budget for 2026 keeps all taxes and levies the same, doesn’t use the CPI adjustment, and adds up the property tax (IBI) cuts that were made in previous years. Paredes said, “While other cities are raising taxes, Torrevieja is keeping its fiscal discipline and making public services better.”
The primary points of the accounts that were accepted are:
-Strengthening and consolidating social programs, with more than 1 million euros for jobs, 1.07 million euros for caring for dependents, and 350,000 euros for individualised economic help (PEIS).
-Help for families and the elderly, with 300,000 euros going to family reconciliation and maternity and 400,000 euros going to retirees.
-Help for merchants, hoteliers, and entrepreneurs, 220,000 euros for the business accelerator, and 170,000 euros to make up for the work done on the Mercado de Abastos.
-Commitment to the environment, with more than 9 million euros set aside for maintaining green spaces, building the new Alto de la Casilla park, and other initiatives to make cities more natural again.
The 2026 budget also includes three new social aid projects that show how much the City Council cares about the health, kids, and families of Torrevieja. €50,000 is allocated to a new support program for children with cancer, aimed at assisting families during rehabilitation processes; €30,000 to municipal physical activity and rehabilitation programs for people with neurodegenerative diseases, with the goal of improving their well-being and independence; and €200,000 to support youth emancipation, facilitating access to rental housing for young people in Torrevieja. These steps make municipal social policies more flexible and more able to deal with new situations and social requirements that are arising.
The councillor said that the accounts follow the spending and budget stability rules set out in the 2025–2026 Economic-Financial Plan, which means that the city’s finances would be stable.
With €46.7 million set up for modernising infrastructure, public spaces, and municipal amenities, the 2026 budget is the highest ever for public investment. These investments will make it possible to finish strategic projects that are already in progress and start new ones that will have a big effect on cities and society.
Some of these are part of the Integrated Action Plan (PAI), which is funded by European funds (ERDF). The plan will help the Acequión and San Roque area come back to life and make new parks and green spaces, like the Alto de la Casilla Park, which will be a new green lung for the city.
Also included are steps to make buildings more energy-efficient and digital, make public transport better, and fix up basic infrastructure. The goal is to keep modernising Torrevieja and make it a leader in sustainability and urban quality.
“Torrevieja keeps moving forward steadily with this budget.” It is a budget that brings people together and makes them stronger, that promotes growth, and that meets the real needs of our communities. Domingo Paredes said, “A budget that shows the city we want: dynamic, supportive, modern, and always growing.”
Author: Derek Appleton
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