by InTrieste
In a bold move, the Trieste City Council has approved early adjustments to its 2025-2027 budget, setting the stage for a series of large-scale public works projects and cultural investments. The city’s total budget for 2025 will exceed €1.045 billion, with €34.6 million allocated to earmarked reserves, reflecting a proactive approach to funding critical urban developments.
“We aim to accelerate progress on projects already in motion, particularly those funded through the National Recovery and Resilience Plan (PNRR),” said Everest Bertoli, Trieste’s councilor for finance, emphasizing the importance of meeting deadlines on time-sensitive initiatives. These include investments in the city’s infrastructure, education, and cultural heritage, areas where Trieste is seeking to create long-term value for its residents.
Key investments include €4.3 million designated for the Barcola embankment, a popular area that attracts locals and tourists alike, as well as over €1 million to redevelop the Servola district, an initiative aimed at revitalizing a historic part of the city. An additional allocation will support the renovation of local schools and the extraordinary maintenance of municipal buildings, which include the Cittadella dello Sport, a major sports complex, and the Foiba di Basovizza, a site of historical significance.
In another move to enhance urban mobility, €850,000 has been earmarked for the maintenance of the city’s tram network. However, not all projects are moving forward as expected. Efforts to redevelop the former machinery factory and the San Giovanni swimming pool have stalled, with no expressions of interest received so far. In contrast, a new cover for the Bianchi outdoor pool is set to begin construction soon, signaling the city’s commitment to modernizing its recreational facilities.
As part of the broader spending plan, €3.4 million has been reintegrated into the budget for cultural, tourism, social services, and local police initiatives. Notably, €300,000 will be derived from the city’s tourist tax, a revenue stream that has gained importance as Trieste seeks to balance growth with quality of life for its residents.
With these budgetary adjustments, Trieste is positioning itself as a city determined to leverage both public and EU funds to modernize its infrastructure, improve its cultural offerings, and ensure that essential services are well-equipped to meet future challenges.
