Poio Council Approves €15.2M Budget for 2027

The budget consolidates debt reduction, focuses on people, and will save households €400,000.

O Concello de Poio aproba un orzamento de 15,2M€ para 2027

Concello de Poio

The Council of Poio has presented its budget for 2027, amounting to €15.2 million. The document aims to consolidate the municipal debt reduction initiated in 2023 and focuses on citizen services, with an anticipated saving of €400,000 for households due to tax and fee reductions.

The budget, to be debated in the November plenary session, continues the local government's work, consolidates recent progress, and prepares municipal services for a growing municipality. Mayor Ángel Moldes highlighted that the priority is people, freezing municipal taxes and fees while reinforcing spending that directly impacts well-being and quality of life.
Moldes noted that Poio is one of the few councils in the province to approve the budget on time, ensuring management stability and resource planning. He emphasized the strategy of budgetary rigor and sound economic management since 2023, which projects a reduction in the debt ratio from 60.43% to 40.66% by the end of 2026, demonstrating more efficient and responsible governance.
Compared to the 2025 budget, families will save €400,000 annually thanks to tax reductions already implemented and the freezing of taxes and fees for 2027. Meanwhile, revenue from construction taxes and urban planning licenses is expected to increase by 33%, which Moldes links to the confidence generated by stability and good management in attracting investment and employment.
The Social Welfare budget will be one of the largest, nearing €2 million, with an increase of €300,000 for the new tender of the home help service. Social assistance is also strengthened, increasing from one to three social workers, with resources allocated to early intervention, work-life balance support, the Women's Information Center, and family education.
Culture, Festivals, and Education will maintain an investment of €1.12 million, supporting associative fabric, annual programming, the municipal library, school maintenance, and aid for school canteens. Environment will receive €761,000, Public Works and Services €4.8M, Sports €465,000, and Citizen Security €1.08M, including the reinforcement of the Local Police.
The budget also funds the 'Poio en Ruta' transport service year-round and reserves €80,000 for the future municipal swimming pool project. Funds are allocated for ongoing projects with other administrations, such as storm tanks, water supply and treatment projects with Acuaes, and improvements to the Covelo Pier and several streets. €9,500 is also designated to acquire land in Combarro that was occupied without authorization.
In addition to the €15.2 million municipal budget, Poio has secured investments for 2027 from other administrations and the new water contract. Projects like the Senior Center, Fragamoreira Industrial Park, PO-303 road improvements, and the PO-308 pedestrian path will commence or continue. The new water contract foresees €15.4 million in improvements to the sanitation and water supply networks.
Based on information from the official source: Concello de Poio (14/11/2026)