Valverde approves its 2026-2027 economic-financial recovery plan

The Plenary of the Valverde City Council, in a session held on August 27, 2026, agreed to approve the 2026-2027 Economic-Financial Plan of this local entity of the island of El Hierro. The agreement is published in the Official Gazette of the Province of Santa Cruz de Tenerife number 107, dated September 7, 2026, for purely informative purposes.

The plan is formulated as a result of the failure to meet the budgetary stability objective and the expenditure rule revealed during the settlement of the General Budget corresponding to the 2025 fiscal year. Its purpose is to establish the recovery measures that allow for the correction of the imbalance and guarantee the financial sustainability of the municipality.

A plan mandated by stability regulations

The approval responds to the legal obligation imposed on local entities that fail to comply with the budgetary stability objectives and the expenditure rule. The document, effective for 2026-2027, outlines the actions planned to redirect the economic situation of the Herreño council.

• Decision-making body: Plenary of the Corporation, in the session of August 27, 2026.
• Reason: failure to meet the budgetary stability objective and the expenditure rule in the 2025 settlement.
• Validity: 2026 and 2027 fiscal years.
• Scope: economic management and municipal services.

Publication and access to the document

In accordance with the agreement of the Plenary, and for purely informative purposes, the aforementioned 2026-2027 Economic-Financial Plan is published. The document is also available to the public, from its approval until the end of its validity, on the Transparency Portal of the electronic headquarters of the Valverde City Council, at the address https://aytovalverde.sedelectronica.es.

The announcement is signed by the Mayor-President, Carlos Brito Brito, via an electronically signed document, and is inserted in the Local Administration section of the provincial gazette.

Relevance for the municipality

The entry into force of the plan represents a commitment to adjustment for the Valverde City Council over the next two fiscal years, with a direct impact on the management of its accounts and the provision of municipal services. Publication in the official gazette guarantees the transparency of the process and allows citizens to know the recovery measures adopted by their corporation.

Source: Official Gazette of the Province of Santa Cruz de Tenerife, number 107, September 7, 2026, section III (Local Administration), page 25437 (official reference: 1827098).