Apokoronas publishes its 2026 municipal budget
The municipality of Apokoronas has officially approved and published its budget for the 2026 financial year. The plan was reviewed and approved for legal compliance by the Decentralised Administration of Crete. It has been drawn up under the public accounting framework that applies to all Greek municipalities.
Revenue: around €21.2 million
The municipality projects total revenue of €21,172,289.33 for 2026. The main income sources are:
- General revenue (category 1.3): €10,596,731.90
- Own tax revenue (category 1.1): €6,393,276.71
- Reserve transfers (category 5.9): €1,848,900.00
- Borrowing (category 5.4): €890,296.16
- Grants and transfers (category 1.4): €791,828.41
- Other current revenue (category 1.5): €588,256.15
- Other capital revenue (category 4.9): €63,000.00
- Capital receipts (category 3.1): €0.00
Expenditure: around €22.7 million
Total planned spending amounts to €22,676,626.32. The breakdown is:
- Investment and capital transfers (category 2.4): €8,455,854.25
- Debt service and reserves (category 3.1): €5,797,918.01
- Staff costs (category 2.1): €3,712,396.01
- Operating costs and services (category 2.3): €1,978,927.74
- Reserve transfers (category 5.9): €1,848,900.00
- Subsidies and transfers (category 2.6): €174,862.28
- Capital reserve (category 5.4): €378,181.44
- Supplies and equipment (category 2.2): €133,586.59
- Other transfers (category 2.7): €123,000.00
- Other capital expenditure (category 4.9): €62,000.00
- Contingency reserve (category 2.9): €11,000.00
Covering the gap
Expenditure exceeds projected revenue by €1,504,336.99. According to the budget document, this difference will be met from cash reserves — money the municipality already holds. This mechanism is a standard feature of Greek municipal budgeting when carry-over balances are available.
The full budget document is available to download as a PDF.