In the first six months of this year, a total of 18.924.227 euros flowed into the budget of the Municipality of Tivat, which is 55,88 percent of the total planned receipts of the Tivat city treasury for the entire year 2025, in the amount of 33,86 million euros.
This is stated in the Semi-Annual Report on Total Revenues and Total Expenditures for 2025, which will be presented to the local parliament members at the upcoming session of the Municipal Assembly, chaired by the President of the Municipal Assembly. Miljan Marković scheduled for October 14th.
Of the total revenues generated in the first six months, as much as 10,09 million euros refers to unspent funds from last year that were transferred to the Municipality's budget for 2025. This means that the Municipality had a total of only around nine million euros of "objective" revenues in half a year, or that this was the amount of "fresh money" inflow into the city budget. Of the total budget revenues generated, 6,96 million euros were generated from various types of taxes, which is 41,95 percent of the execution of the total planned annual item on that basis, while revenues from fees amounted to only 887.944 euros and recorded the realization of only 13,11 percent of the planned total annual amount for 2025.
The accompanying material prepared by the Municipality's Finance and Budget Secretariat, however, does not provide any explanation for such a low percentage of planned revenue from fees, of which the particularly devastating fact is that in half a year, only 712.743 euros were received from utilities (fees for the communal equipment of construction land) into the city treasury, out of the 6,1 million euros expected from utilities in the budget for the entire year of 2025. There is also no explanation as to why the revenue from utilities in the first half of this year is almost three times lower than the amount generated on that basis in the comparable period of 2024, even though Tivat is being built on all sides and the city, under pressure from the construction lobby and investors, is increasingly beginning to resemble Budva, which has already been destroyed in terms of space and urban planning.
As for expenditures, they amounted to a total of 11.730.612 euros for the first six months of this year, which is 34,64 percent of the total planned budget expenditures for the entire 2025. Of this, current expenditures for the operation and financing of local government amounted to 2,21 million euros, transfers to various budget users amounted to 4,1 million, and capital expenditures amounted to 4,3 million euros, while about 970.000 euros were spent on debt repayment. Capital expenditures, i.e. allocations for the construction of newer public facilities and infrastructure, have increased significantly this year compared to the comparable period last year, as almost two million euros more were allocated for these purposes for the first six months of 2025 than last year.
A total of 1.230.400 euros were spent on gross salaries and other personal income of employees in the Municipality and its services in the first six months of 2025, which is slightly less than in the same period last year. Expenditures for materials decreased by around 25.000 euros compared to last year and amounted to 153.661 euros in the first six months, while expenditures for services, which amounted to 538.81 euros, were around 100 thousand euros higher than in the first half of 2024.
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