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4d ago

Valencian Municipalities Achieve Financial Milestones with Record Revenues and Debt Reduction

Sagunt, Valencia, Canet d’en Berenguer, Dénia, and Gilet report significant fiscal achievements, including record revenues, debt amortization, and efficient payment practices.

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Ayuntamiento de València.
Toni Iborra durante una intervención en el pleno.
Rueda de prensa liquidacion presupuesto 02

Overview

  • Sagunt reported record-breaking Q1 2025 revenue of 15.8 million euros, nearly doubling the same period in 2024, alongside 12 million euros in expenditures.
  • Valencia approved a 50 million-euro debt reduction plan for 2025, cutting municipal debt to its lowest level in 20 years while allocating funds for post-DANA flood recovery and essential services.
  • Canet d’en Berenguer closed 2024 with a surplus of 2.6 million euros, earmarked for debt repayment and strategic investments, maintaining a payment period of just 10 days to suppliers.
  • Dénia ended 2024 with a 5.2 million-euro surplus, directed toward debt reduction, and achieved a 65% completion rate for public works projects planned for the year.
  • Gilet continues its disciplined fiscal approach, reducing debt to 735,000 euros by the end of 2024 and targeting full debt elimination by the end of 2026.