Almeida's Budget of 2027 Rises by 4.9% to 6,901 Million with the Focus on Housing, Social Spending and Large Projects
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8 Articles
The investment forecast for next year amounts to €6.901 million, 4.9% more than in 2025, and will be approved in December
The last accounts of the legislature exceed 6.9 billion euros and include tax rebates above 31 million
Housing, declared a priority of the municipal government, is the area that grows the most: 10%, up to 248 million, with which the mayor assures that more than 9,000 public housing will be promoted
The project increases spending in all areas except Works and Equipment due to the completion of projects such as the undergrounding of the A-5.
The City Council of Madrid has presented on Thursday its draft budgets for 2027 , the last of this mandate. In total, the consistory will invest in the city 6.901 million euros, 4.9% more than the previous year. The mayor of the city, José Luis Martínez-Almeida, explained this Thursday at the press conference after the Board of Government that the accounts are based on three principles: « Seriety and rigor in management», «housing, housing and m…
It has 710 investment initiatives for 2027, which will be the year of completion of the city's major projects.
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