Ibiza will operate with a record budget of €179.8 million in 2026, representing a 24.35% increase compared to the current year. The new financial framework places a strong emphasis on investment, with €39.5 million allocated to capital projects, more than double the amount of the previous year.
The budget growth is driven by three main pillars: unprecedented investment in infrastructure and facilities, improved public services, and a significant strengthening of social policies. Key measures include the launch of a new public bus network, which will remain free for users holding an island transport pass, and the start of a pilot scheme to transfer waste to the Son Reus incineration plant in Mallorca.
Social services receive a substantial boost, with record funding for third-sector organisations, direct support for individuals and families, improved working conditions for social care staff through the recognition of the island allowance, and increased student aid reaching €1 million.
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Ibiza to approve a record €179.8 million budget for 2026, up 24%
Additional funding from reserves and other financial sources is also planned, allowing the continuation of initiatives such as the municipal cooperation programme, the housing access plan with a €3 million allocation, and measures to preserve Ibiza’s rural landscape.
The largest increases are seen in capital investment, followed by current transfers and operating expenditure. The latter focuses mainly on new social services, road safety improvements, enhanced maintenance of the island’s road network and expanded public services, including a second mobile vehicle inspection unit.
Major investment projects scheduled for 2026 include road infrastructure upgrades, cultural and sports facilities, educational buildings, heritage restoration, social housing developments and the urban transformation of key road sections.
The budget is largely supported by increased regional funding, higher state contributions and stronger own-source revenues, while avoiding additional tax pressure on residents. Provision is also made for potential external financing if required, although priority is given to existing financial resources.