The Arroyomolinos City Council has approved the reduction of the general rate applicable to urban properties for the Property Tax (IBI), which will be set at 0.45% from 2027. This fiscal measure, fulfilling a commitment announced in May by Mayor Luis Quiroga, will result in combined savings of nearly €380,000 for the municipality's taxpayers.
The approval specifies an initial estimated annual saving of €330,000 for families and businesses, now increased to nearly €380,000 after the expediente processing. This tax reduction occurs in a context of zero debt for the City Council, reinforcing a policy aimed at alleviating the fiscal burden on families and those conducting economic activity in Arroyomolinos.
“"This measure fulfills a commitment we made to our residents: to reduce the tax burden and ensure that the City Council's sound economic situation is also reflected in their pockets. This amounts to nearly €380,000 that will remain in the hands of Arroyomolinos taxpayers during 2027."
The approved modification also updates the IBI bonuses for self-consumption solar installations, adapting the ordinance to current regulations and simplifying its processing. Administrative procedures have been updated, a responsible declaration is contemplated, and the necessary documentation to prove the installation's commissioning and compliance with the minimum required power is specified.
“"We not only want residents to pay less, but we also want the procedures to be simpler and municipal ordinances to be adapted to the current reality. Updating these bonuses provides more clarity and security for those who opt for self-consumption."
Properties must have a minimum installed capacity of 4.59 kWp, and the bonus can be applied for the three tax periods following the installation's completion. Following provisional approval, the modification will undergo a public information period of 30 business days before its publication in the Official Gazette of the Community of Madrid.
