On September 28, Estepona’s Town Hall approved an initial budget for 2027 amounting to over €137 million in revenue, with more than €24 million allocated for investments in local neighborhoods and facilities.
The local government, led by José María García Urbano from the Popular Party (PP), describes this budget as one of “continuity and consolidation” with a claim of having zero debt. However, the opposition, represented by the Socialist Party (PSOE), criticizes the budget for being overly focused on continuity while neglecting significant issues such as housing, mobility, and public services. They also question the inclusion of a planned €12 million credit.
The Town Hall promotes this budget as a continuation of its successful financial management over recent years, citing a treasury surplus of over €65 million for 2025 and a stable budgetary situation. Notably, personnel expenses are reported to be below 40% of current revenues.
Proposed investments include enhanced machinery and staff for neighborhood and outskirts maintenance, as well as improvements to public transport. García Urbano pointed out that after settling €300 million in inherited debt, local resources are now focused back into Estepona, benefiting neighborhoods, parks, social services, and family aid. He highlighted a significant drop in unemployment from 27% in 2011 to 7% currently.
In contrast, PSOE council member Emma Molina criticized the administration for presenting what she called a “confusing mix of data.” She questioned the need for a €12 million loan if liquid assets reportedly exceed €90 million. Molina asserted that the Town Hall does have outstanding debt, citing €416,000 as of the end of 2025, and argued that the budget fails to address critical local issues, including housing and public transport.
Prior to the council meeting, the PSOE had already pointed out the lack of a specific housing allocation in the budget and mentioned that €15.8 million in funds remain unspent.
The critical factor now will be how much of the proposed budget is actually executed, with the PSOE highlighting the risk of potential indebtedness while the government insists on its financial stability.
