Capital boasts strong economic management and budget execution

Financial Results

Puerto del Rosario places the 2025 budget execution at 74.8 %, with a treasury surplus of €26.8 million.

The City Council of Puerto del Rosario has closed the settlement of the 2025 fiscal budget with indicators that “reflect a remarkable financial strength and the governing team’s commitment to efficient, responsible, results‑oriented management,” the council explained in a statement. The settlement shows an adjusted treasury surplus for general expenses of €26,875,644.90 and an adjusted positive budget result of €17,463,576.22, “figures that demonstrate the entity’s solid liquidity position and its capacity to generate savings.”

Global budget execution reached 74.86 %, “a figure that highlights the council’s ability to implement public policies, guarantee service delivery and launch key initiatives in the municipality.”

Statements from the Mayor

“These data evidence the serious and continuous work being carried out by the City Council to improve municipal economic management. Having a surplus of almost €27 million and a positive result of more than €17 million, while keeping debt at zero, allows us not only to be solvent but also to plan the future with ambition, optimizing public resources and prioritising actions that directly benefit citizens.”

“We continue on a path of stability and responsibility, laying the foundations to further improve execution levels in the coming years.”

Mayor David de Vera highlighted the importance of these results for future planning and resource optimisation.

Statements from the Councilor of Economy and Finance

“The 2025 settlement demonstrates rigorous planning and continuous monitoring of spending. We have achieved a net positive saving of €4,057,721.55, meaning our current revenues are more than sufficient to cover operating expenses. Coupled with a debt level of 0 %, this positions us as an efficient and transparent administration.”

“The City Council continues to work on improving internal procedures and streamlining administrative management, aiming to progressively increase execution levels and provide a better response to the municipality’s needs.”

Councilor Juan Manuel Verdugo emphasized the council’s commitment to fiscal efficiency and transparency.

Impact of Extraordinary Expenses on Stability Objectives

Technical reports indicate a formal breach of the budgetary stability and spending‑rule objectives. “However, this outcome is entirely due to the impact of an extraordinary and unforeseen expense of €7 million, corresponding to the payment of a judicial sentence for events that occurred in previous fiscal years, specifically the de‑facto expropriation of El Matorral,” the reports explain.

This payment, non‑recurring and unpredictable when drafting the ordinary budget, distorted the final accounting. Nevertheless, the municipality’s robust finances allowed it to meet the obligation without resorting to borrowing. “Excluding this external factor, the ordinary management of the City Council would have aligned with stability objectives, showing that the discrepancy stems from an unavoidable legal obligation unrelated to the fiscal planning. Yet, the quarterly projection for the current year reflects the solidity of municipal finances and the balance between revenues and expenses,” the note concludes.