The regional audit for 2025 shows a positive evolution of municipal accounts and compliance with all economic-financial sanitation indicators. The report highlights a current operations surplus of €7.78 million, 31.4% higher than in 2024.
The net savings indicator increased from 8% to 11%, and the general cash reserve reached €45.57 million. Revenue collection stood at 92%, with current income growing by 6.6% (exceeding €50 million) and current expenses increasing by 3.1%.
These results were achieved alongside tax reductions, including property tax (IBI) lowered to 0.52% and a 95% bonus on capital gains tax for inherited primary residences. The voluntary payment period for municipal taxes was also extended.
Public management has also improved, with a 142% increase in public contract processing (121 in 2025 vs. 50 in 2024) and strengthened municipal technical teams. The average payment period to suppliers has remained below 30 days throughout 2026.
“"These results confirm the improvement in the City Council's economic situation and the work we are doing to consolidate solvent public accounts, capable of guaranteeing municipal services and undertaking new investments for Puerto de la Cruz."
“"The audit proves an objective improvement in our financial health. We have increased savings, improved the budget result, and kept long-term financial debt at zero euros, while simultaneously implementing a policy of reducing the tax burden."
The City Council has also received €3.71 million from the Canary Islands Municipal Financing Fund. The local government is working to approve the 2027 Budget before the end of the year, aiming to continue improving public services, boosting investments, and reducing tax burdens while maintaining responsible economic management.
