The Elche government team has continued to approve the payment of various invoices using the treasury surplus, which consists of leftover funds from previous fiscal years. This practice is permissible as these are extrajudicial credit expenses that are committed to be paid. Following the 2025 settlement, carried out in March of this year, the budget was modified by 18 million euros to finance this year's investments and pay the pending salary update from the last fiscal year.
Now, within a broader budget modification, number 12, 6 million euros from this more recent surplus are also being used to finance affected investments, meaning those already committed to ongoing actions that must therefore be settled. Legislation allows the use of treasury surplus for these purposes.
This modification, which does not alter the financing of this year's planned budget items, is intended to inject liquidity to cover pending commitments from previous actions: 15.2 million euros for real investments, 2.2 million euros for Edificant subsidies, and the remainder for a small current expenditure item. These investments range from work on the Pont del Bimil·lenari (1.6 million) or the Altabix walkway (2 million) to public lighting (720,000 euros), as well as housing rehabilitation subsidies from 2023 (500,000 euros).
The total of these 17.7 million euros comes from a common pool of credit surpluses that can be incorporated into the 2026 budget, amounting to 54 million euros. This pool is made up of various sources, such as surpluses from previous years, committed loan funds that had not yet been used, or surpluses from tenders. The use of these 6 million euros from the 2025 surplus, along with other payments, could leave less room for maneuver for future operations.
Furthermore, alongside the surplus, this budget modification already incorporates 7 million euros from one of the undisposed loans, and 795,000 euros from capital transfers, specifically from Edificant subsidies. This means that the government team is beginning to utilize some of the granted credits that had not been used. Additionally, this year, after the usual two-year grace period, the City Council will begin paying interest on the loan closed in 2024.




