On 19 December, Ibiza granted initial approval to the 2026 island budget, which totals 179.8 million euros, a 24.35% increase compared to the previous year. According to Salvador Losa, head of Economic Management, the 35-million-euro rise is mainly driven by investment (+115%), new and expanded public services (+14.2%), and financial aid and grants (+26.4%).
Most investment projects are already underway or about to begin. The main initiatives include:
- Roundabout at the “Cazadores” junction: €6,828,464.44
- Ses Nou Rodades Centre for Intangible Culture: €5,173,629.43
- Official School of Languages: €4,076,126.42
- Sa Blancadona multidisciplinary sports hall: €4,948,113.02
- Parc Motor: €4,356,096.21
- EI-100 road upgrade (Jesús–Santa Eulària): €2,870,756.20
- Maritime surveillance and protection residence: €2,383,357.89
- Safety improvements in Forada and Sant Francesc: €778,876.92
- Electrification of the Parc Insular de Serveis in sa Coma: €582,607.84
- Social housing building: €542,776.32
- Demolition works in Cala d’en Serra: €526,240.35
- Restoration of the Molí Pep d’en Joan mill: €447,196.32
Ibiza also expands its network of social services, introducing a 24-hour Crisis Centre for victims of sexual assault, new care programmes for children aged 0 to 11, specialised units for minors, and enhanced insularity bonuses for staff working in disability and child-protection services. Road maintenance is reinforced with a dedicated cleaning and trimming service, and a second mobile vehicle inspection unit (ITV) is moving forward through procurement.
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Ibiza gives initial approval to the 2026 budget, reaching 179.8 million euros
Financial aid and transfers rose to €47.3 million, covering the launch of the new bus contract, as well as the continuation of free public transport (15.5 million). Support for students, families and social programmes also increases, with 1 million euros for Ibiza students and 7 million euros for social support initiatives.
In terms of funding, the Balearic Government contributes a record amount of over 110 million euros, with an additional 1.4 million from the State based on previous-year adjustments. A potential €17.37-million loan is also foreseen, although this year borrowing was ultimately unnecessary thanks to reserve funds and other financial mechanisms.