ECONOMY

Ibiza City Council approves its budget for 2026 and sets priority works

The municipal accounts reach 98.9 million euros and double the investment to 11.6 million, with outstanding actions in housing, public spaces, public safety and equipment, as well as a reinforcement of social policies and subsidies.
RafaelTriguero

The Ibiza Town Hall will have a budget of 98.9 million euros in 2026, the highest in its history for the third consecutive year, which represents an increase of 8.28% over the previous year. The draft municipal accounts have been presented this Monday by the mayor of the Ibizan capital, Rafael Triguero, and the first deputy mayor and councilor of Human and Economic Resources, Gema Marí, who have highlighted the clear commitment to the modernization of the city, the improvement of public services and the strengthening of social welfare.

The budget prioritizes areas considered essential such as housing, cleanliness, public safety and social policies, and places the investment per inhabitant at 1,787.50 euros, a figure which, according to the government team, will make it possible to increase resources and provide a better response to the demands of the citizens.

One of the main axes of the 2026 budget is the strong investment drive. The investment chapter grows by 51% compared to 2025 and reaches 11.6 million euros, representing 12% of the total budget. Triguero has stressed that this increase will allow to give continuity to the transformative projects initiated at the beginning of the mandate and move towards a “more sustainable, accessible and cohesive” city.

The investment effort is supported both by the company’s own resources and by financing from other administrations. Among the co-financed actions, the 1.25 million euros destined to improvements in educational centers through the agreement with the Conselleria de Educación del Govern Balear stand out, as well as the 532,949 euros to complete the construction of the Centro de Baja Exigencia de es Gorg, financed by the Consell Insular and currently in an advanced stage after years of blockage. Also noteworthy is the contribution of the Consell for the extension of the Can Ventosa Cultural Center and the integral reform of Conde Rosselló street, with a total investment of 1.7 million euros.

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The budget also incorporates an annuity of 2.37 million euros from the European funds of the EDIL Plan, which will benefit Ibiza as one of the nine municipalities of the Balearic Islands selected. These resources will be allocated to urban transformation and sustainability projects, such as the expansion of the bicycle lane network, the regeneration of the Vara de Rey area and the Plaza del Parc, the creation of green corridors and climate shelters in the Plaza de sa Colomina and the drafting of strategic projects linked to the Ibiza Habita program, including housing initiatives for young people and the rehabilitation of buildings in Dalt Vila and sa Penya.

In terms of subsidies, the 2026 budget provides for a generalized increase in all lines of aid. Those destined to neighborhood associations reached 270,500 euros, 30% more than the previous year, while specific aid to these entities grew by 43% to 165,000 euros. Cultural subsidies amount to 274,000 euros, and the sports area experiences an increase of 12%, with 920,444 euros, almost 100,000 more than in 2025. The largest increase was recorded in the social area, with 569,000 euros, an increase of 38.1%, reinforcing support for the most vulnerable groups and proximity policies.

The Social Welfare section has seen its third consecutive increase, with a 10% rise in 2026, following increases of 14% in 2024 and 13.84% in 2025, consolidating the council’s commitment to a more inclusive and cohesive city.

The budget also includes relevant items for public safety, such as 150,000 euros for the purchase of new vehicles for the Local Police and more than 1.14 million euros to finance 19 new positions in this body. In the urban area, 984,240 euros are earmarked for the remodeling of Font i Quer, Vargas Ponce and Lluís Sert streets, as well as more than 132,000 euros for improvements to the water supply network in different neighborhoods, as part of the Water Pact.

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Other investments contemplated are those destined to green areas and public spaces, with items for gardens, playgrounds and beaches; the extension of the municipal building of s’Eixample; the provision of furniture for the school of Can Cantó; and actions in sports facilities such as the sports center of ses Figueretes. Funds are also earmarked for technological modernization and sociocultural facilities.

In the area of heritage and housing, the Ibiza World Heritage Consortium will receive 466,666 euros for various urban actions, while 326,852 euros are earmarked for the completion of the Sa Drassaneta affordable housing development, which will include housing for young people and social assistance, with completion scheduled for February 2026.

Gema Marí has also highlighted the importance of the human factor in the improvement of municipal services and has underlined the implementation of the professional career of the staff of the City Council, whose second tranche will involve a budget increase of 1.6 million euros from January 2026. He also highlighted the fact that the Town Hall of Eivissa has reached zero debt, which will allow to allocate to new policies the resources that were previously used in amortizations and interests.

Automatic Translation Notice: This text has been automatically translated from Spanish. It may contain inaccuracies or misinterpretations. We appreciate your understanding and invite you to consult the original version for greater accuracy.

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