The initial project for the municipal budget for 2018 reasserts the municipal priority of supporting people, particularly the most vulnerable groups; sustainable mobility, with a boost for the public transport network, and citizen welfare, placing special emphasis on housing and culture policies.
The budget project envisages total expenditure of 2,642.9 million euros, an increase of 62.4 million on the current financial year and 2.4% more than the previous year. According to the First Deputy Mayor, Gerardo Pisarello: “It’s a solid and solvent proposal, with a clear emphasis on social support, which helps stimulate economic activity in the city and make the most of its talent and economic dynamism now and in the future”.
Pisarello also stressed that the budget proposal “sends a message of stability, of institutional normality, to show that despite the current uncertainty the city is not stopping and carries on working”.
The basic focus for expenditure revolves around service and support policies for people, particularly groups such as children, young people and those with disabilities. The promotion of sustainable mobility and extra resources and improvements to public metropolitan transport represent another of the main budgetary items for municipal economic planning, accounting for 15%.
Similarly, funding for community welfare measures is to increase, such as street cleaning, the water supply and street lighting. Likewise, there will be a boost to budgetary items for culture, education, urban planning and housing, with more resources for new-build flats and renovation grants alike.
Solvency and financial balance
The budget backs the application of the Human Resources Plan, which aims to extend and modernise the structure of municipal staff. Another objective is to avoid deficit and maintain solvency in the local administration to be able to continue paying providers within thirty days.
A period of debate and negotiation will now be opened up with different municipal groups with the aim of presenting the budget for provisional approval at the Economy Commission in November.