AN ECONOMIC-BUDGETARY ANALYSIS OF THE TOURIST MUNICIPALITIES IN THE VALENCIAN COMMUNITY

Abstract

It is commonly accepted that the tourist municipalities have a higher financial effort than non-tourist ones. The Regulatory Law of the Local Treasuries establishes the transfer of the product of certain taxes to tourist municipalities; besides, the tourist legislation of most of the Autonomous Communities (12 out of 17) considers the concept of tourist municipality and grants them certain fiscal benefits.
This study analyzes the differences between the income and expenses budgets of tourist and non-tourist municipalities in the Valencian Community. The results point out that the assumed budget insufficiency of tourist municipalities is not such since they present a higher financial autonomy than non-tourist ones, even at the expense of a higher tributary charge. Moreover, it is not possible to assert that the fiscal pressure in the tourist municipalities is higher, because the tax charge may be due to higher taxes or to a higher fiscal base.