Bovec Council Approves 2026 Budget Rebalancing with Higher Spending

The Municipal Council of Bovec adopted the rebalancing of the municipality’s 2026 budget at its 7th extraordinary session held on 11 September 2026, setting total revenues at €13,546,974.06 and total expenditures at €15,249,519.60. The decision was published in the Official Gazette of the Republic of Slovenia (Uradni list RS) No. 1424/2026 of 14 September 2026, under official reference 2026-01-2084.

The rebalancing amends Article 2 of the decree on the Bovec municipal budget for 2026, which had previously been published in Uradni list RS No. 8/2026 of 6 February 2026, No. 114/2026 of 24 March 2026 and No. 634/2026 of 15 May 2026. The act was signed by the Mayor of the Municipality of Bovec, Valter Mlekuž, and enters into force the day after its publication in the Official Gazette.

Budget balance and financing

The rebalanced budget shows a deficit between current revenues and expenditures of €1,702,545.54, which is financed through borrowing and the use of accumulated funds.

• Total revenues: €13,546,974.06
• Total expenditures: €15,249,519.60
• Budget surplus (deficit): −€1,702,545.54
• Net borrowing: €328,173.20
• Funds on account at end of previous year: €1,431,200.43

Revenue structure

Current revenues amount to €7,706,635.97, of which tax revenues contribute €6,008,463.04, led by taxes on income and profit at €4,458,056.00. Non-tax revenues reach €1,698,172.93, while capital revenues from the sale of land and non-current assets add €211,833.89.

Transfer revenues are the largest single revenue source at €5,628,504.20, including €5,591,030.50 from other public-finance institutions and €37,473.70 from the state budget financed from EU funds. No donations or EU structural-policy funds are budgeted.

Expenditure structure

Investment expenditure dominates the spending side, with purchases and construction of fixed assets accounting for €7,592,973.78. Current expenditure totals €4,047,758.01, including €868,198.99 for salaries and €2,867,892.74 for goods and services.

• Current transfers: €3,278,906.79 (subsidies €329,814.87; transfers to individuals and households €972,500.00)
• Investment transfers: €329,881.02
• Funds set aside in reserves: €154,380.00

Financing of the deficit

The financing account provides for new borrowing of €1,390,000.00, comprising a €500,000.00 bridging credit and a €563,000.00 long-term credit from commercial banks. Debt repayments total €734,826.80, including €500,000.00 on a short-term credit, €120,000.00 on long-term bank credits and €114,826.80 on long-term credits to the state.

The rebalancing matters to every resident of Bovec because it reallocates the municipality’s resources toward investment spending of more than €7.5 million, while relying on net borrowing of €328,173.20 to close the gap. The published decree gives citizens and local stakeholders a transparent basis to follow how public funds are being redirected during the current fiscal year.

Source: Uradni list Republike Slovenije, No. 1424/2026, 14 September 2026, Section I (official reference: 2026-01-2084).