MALLORCA TODAY - Alcúdia approves 2012 budget

The Partido Popular-dominated town hall administration in Alcúdia, with the support of the non-accredited Carme Garcia, has approved a budget of 27.3 million euros for 2012 which will allow for an increase of 2.4% in project investment. There will be an increase from one tax, i.e. IBI (property tax), while other taxes will remain frozen. The town hall also anticipates an increase in revenue from businesses that use the beaches in the town.