Tivat capital budget execution stands at 35% after nine months

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Lisičić criticised Tivat’s local authorities after capital budget execution reached 35% in the first nine months of 2026. Figures as of 30 September showed the rate, which he called “clear proof of investment stagnation and administrative sluggishness.”

The summer ban on construction work applies every year and should be included in serious annual planning, he argued. Blaming the pause for weak execution, in his view, showed that the Investment Directorate had neither a schedule for works nor the ability to use the months when construction is allowed.

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His criticism also extended to local authorities’ praise of “successful budget filling” and celebration of property tax revenue exceeding its target. He attributed the revenue result to higher obligations imposed on Tivat residents, saying the surplus came from taking more money from them.

Promises that “everything will be finished by the end of the year” were excuses, Lisičić said. He warned that a push to improve the figures before New Year could involve panic payments of advances and fictitious closure of work statements in December. Even if execution rose sharply in the final weeks, finishing the year at half the planned level would still show “classic, failed planning.”

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Lisičić described the local authorities’ budget plans as “lists of nice wishes” intended to “pull the wool over the public’s eyes.” As the authorities plan the 2027 budget, Tivat residents can see daily what was, and was not, completed in 2026.

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