The Junta de Castilla y León on 13 October 2026 presented the draft budget for 2027. President Alfonso Fernández Mañueco and the Minister for the Economy and Finance Carlos Fernández Carriedo put its total value at €16.472 billion and describe it as the largest budget yet for the autonomous region. The government also announced tax relief. Earlier, the Cortes de Castilla y León had approved the spending limit for non-financial resources (Límite de Gasto No Financiero) for 2027 in early October.
According to the government, around four-fifths of non-financial spending will go to social areas, including housing programmes, education, universities and family support. Hundreds of millions of euros are planned for housing; further relief will also be provided on university fees and childcare services. Fernández Mañueco highlighted the combination of the “largest budget” and the “lowest tax burden”. Specific tax measures are to be announced alongside the legislation.
According to parliament, the spending limit set by the Cortes for 2027 is around €15,106.54 million. The Junta’s stated total of €16.472 billion also includes financial operations and investment. The government says the draft is intended to provide certainty after years of budgets remaining in force on an extended basis.
Politically, the Junta de Castilla y León continues to rely on Partido Popular and Vox. Both parties defend the draft as growth-oriented and socially focused. Opposition groups criticise its spending priorities, the proposed tax cuts and what they see as insufficient funding for some programmes. They also complain that, after periods of extended budgets, the government has now put forward a budget that changes its political priorities without providing sufficient evidence of its impact.
The next steps are the formal introduction of the bill to the Cortes de Castilla y León, opinions from the relevant advisory bodies and committee scrutiny. The government plans to hold the plenary vote before the end of the year. On Tuesday, it remained unclear whether the necessary majority could be secured.
With this draft, the Junta makes the delivery of key plans contingent on compliance with fiscal constraints. The government points to the need to prioritise investment while consolidating the public finances; the opposition counters with concerns about structural gaps in public services and demographic policy.
Editor: Mira Cadena (Article created with AI assistance).