The Santiago del Teide City Council approved today, in plenary session, the initial consolidated budget with the votes in favor of the government group (PP), the Canary Coalition and the abstention of the PSOE, which amounts to € 14,680,035.52, which It represents an increase of € 242,583.79 compared to the previous year in 2021, that is, 1.68% more, thus reaching figures similar to those of previous years (pre-pandemic).

In this sense, the Mayor, Emilio Navarro, has shown that "the municipal accounts for the year 2022 strengthen three fundamental pillars for the government team such as economic promotion and employment, social services and investments in public works which means job creation. In addition, as in 2021, this new budget has a total absence of public debt and a completely healthy city council, which allows us to have an important economic muscle to face the challenges of the next year".

Roughly entering the budget for 2022, we can indicate that the Investment Chapter increases by 02.53% compared to 2021, in a clear commitment to public investment as a catalyst for the municipal economy.

In addition, it is worth highlighting the possibility that, if there is a Cash Surplus and surplus, these may be used for investments, so that the investment capacity for this year would not be limited solely to the amounts initially provided for in this budget. Instead, there is the possibility of financing as many projects from these own funds thanks to the suspension of the fiscal rules for the years 2021 and 2022.

By chapters, with respect to the income statement, it should be noted that indirect taxes (chapter II) suffer a growth of 8.45%, motivated by the communication made to this City Council regarding the provisions of the Municipal Charter (BFC and IGTE) for the year 2022. The total income foreseen in Chapter IV for current transfers, foresees an increase of 5.11% with respect to the year 2021, which amounts to the amount of 4,129,059.05 euros that It is reflected in several areas that are understood as priorities, such as the reinforcement of social services, social emergency aid, aid to families with children in nurseries, sports entities, etc.In current expenses, its forecast increases with respect to the 2021 budget by 1.96%, as a result of the increase in income, which allows, within the containment of current expenditure necessary at this time, to generate activity in certain non-essential areas, recording all the commitments acquired by the service and supply contracts signed by this City Council.

In short, for Emilio Navarro, "the accounts for 2022 will allow a more orderly and efficient management of public resources to be carried out; having as priority the attention to people, the quality of public services and the development of actions that, in To the extent of our possibilities, help from the local to reactivate the economy and preserve the income of the families of the municipality. For this, we establish as basic lines of action the improvement of public services, the firm commitment to the increase of social policies and equality, promoting employment and boosting the local economy, education, culture and training, administrative modernization, improving levels of transparency and the implementation of electronic administration at all levels. Promotion of works and other investments in the different neighborhoods that will be strengthened with the incorporation of other works already approved and that will be financed n with the RTGG, maintaining the policy of not increasing the tax burden on citizens, which we have been carrying out for years. "