Initial €45.8 million budget gets the green light

Initial €45.8 million budget gets the green light

CREDIT: Ayuntamiento de Rincon de la Victoria

THE Plenary of Rincon de la Victoria has given the green light to the initial approval of the €45.8 million budget for 2021.
Among the main characteristics of the budget is the creation of a Covid contingency fund for which €765,000 has been allocated.
The municipal budget for the next fiscal year provides for an income of €45.8 million and an expense of €43.1 million, contemplating a surplus of €2.7 million.
Mayor Francisco Salado: “We, the Government team, are happy with the enormous effort that has been made despite the current economic crisis in the preparation of budgets that are realistic and invest in social organisations, public works, generate employment and give dynamism to municipal areas”.
Final approval of the budget is scheduled to take place in January 2021.

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Tara Rippin

Tara Rippin is a reporter for Spain’s largest English-speaking newspaper, Euro Weekly News, and is responsible for the Costa Blanca region.
She has been in journalism for more than 20 years, having worked for local newspapers in the Midlands, UK, before relocating to Spain in 1990.
Since arriving, the mother-of-one has made her home on the Costa Blanca, while spending 18 months at the EWN head office in Fuengirola on the Costa del Sol.
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