The Tías City Council has received the audit report for the 2024 fiscal year, issued by the Government of the Canary Islands within the framework of the Canary Municipal Financing Fund. The document confirms the positive evolution of economic and budgetary management, placing the municipality above the solvency and stability levels required by regional regulations.
According to the results, the treasury surplus amounts to 26,483,862.29 euros, reflecting a solid financial position and the capacity to continue incorporating surpluses for strategic investments. The audit also concludes that the City Council meets the budgetary stability objective, with a surplus of 9,550,474.14 euros and full compliance with the spending rule, certifying responsible and sustainable management of public resources.
The mayor of Tías, José Juan Cruz Saavedra, highlighted that this data “confirms that Tías is today a solvent and stable municipality, with sound finances that allow us to calmly plan for the present and the future. Closing 2024 with a surplus, no debt with banks, and meeting all the indicators set by law is the best guarantee that we manage with rigor and with the general interest in mind”.
Another relevant aspect of the report is that the municipality closes the fiscal year with no outstanding debt, meaning no indebtedness with financial institutions. For Cruz Saavedra, this circumstance “puts Tías in a privileged position to continue promoting investments and strengthening public services without mortgaging future generations”.
Regarding revenue, the audit reflects an increase in effective collection of 7.2 million euros. The REF increases by approximately half a million euros, and the collection of the restored ICIO (Tax on Constructions, Installations and Works) reaches 723,000 euros. In 2024, the collection management stands at 86.7%, a percentage that exceeds the level required by law. In terms of fiscal effort, it reached 85.6%, above the reference 78% of the average for Canary Islands municipalities.
The Councilor for Finance, Tomás Silvera, emphasized that these results “are not a matter of chance, but the result of constant work, spending control, and effective collection management”. In his opinion, “the increase in revenue, respect for fiscal rules, and high budgetary execution are the best proof that in Tías we are working with rigor, foresight, and a well-defined roadmap”.
Management that translates into a better quality of life
The levels of **budget execution for resources and expenses stand at 90.6%**, which confirms adequate programming and monitoring of the municipal budget during the 2024 fiscal year. Silvera pointed out that this execution "translates into real services and projects for the municipality" and added that the governing group "will continue working with the same line of responsibility and transparency so that good financial health translates into more opportunities and a better quality of life for the citizens of Tías".
In view of the results obtained, the audit concludes that the City Council presents a situation, regarding financial health indicators, that is better than that of the 2023 fiscal year, placing it above the levels required by the Canary Islands Municipal Financing Fund Law.
