The Municipality of Tivat recorded a surplus of 1,729,753 euros in the first nine months of 2026 and had no unpaid liabilities at the end of September, according to its quarterly report. Capital spending reached 35.9% of the annual plan.
Total receipts from January to September were 17.80 million euros, while expenditure amounted to 16.07 million euros. Receipts were around 6.6% higher than in the same period of 2025, and expenditure was around 8.2% lower. Tivat reported a deficit of around 804,000 euros in the first nine months of 2025.
The municipality spent 5.19 million euros on capital expenditure through September, against a full-year 2026 plan of 14.45 million euros. That represented around 35.9% of the plan and was around 32.2% below the 7.65 million euros spent on capital projects in the same period last year.
At the end of September, the municipality had zero euros in unpaid liabilities. Local companies and institutions together reported 1.23 million euros in liabilities, of which the largest portion, 548,400 euros, was for gross salaries and contributions.
