Cozumel, Quintana Roo — Cozumel holds the highest per capita public debt of any municipality in Mexico, according to data from the Center for the Study of Public Finances of the Chamber of Deputies. The island’s liabilities exceed 1 billion pesos, translating to a burden of approximately 4,400 pesos per resident.
The debt level has drawn attention from authorities, business leaders, and citizens due to its potential impact on local development. The combination of the total debt and the island’s population places Cozumel first nationally in per capita financial burden, a situation that demands careful management of public resources.
Mayor José Luis Chacón Méndez reported that the current administration has allocated about 136 million pesos to direct capital payments, aiming to reduce financial commitments inherited from previous administrations. The debt originated from loans contracted in 2021, with accumulated interest adding to the total in subsequent years.
Despite the financial strain, the Cozumel city government maintains investments in urban infrastructure and public services. For the current fiscal year, more than 174 million pesos were authorized through the Annual Investment Program, primarily for basic services, rehabilitation of public spaces, and municipal infrastructure improvements.
Additional revenue comes from trusts, including those related to environmental sanitation and cruise passenger fees, generating over 200 million pesos annually. These funds support projects such as paving streets in the historic center and upgrading strategic roadways for mobility and economic activity.
Private sector representatives note that Cozumel’s financial challenge extends beyond the debt size to the municipality’s ability to maintain resources for new investments. On an island with heavy tourism activity, managing income is key to sustaining economic growth while meeting financial obligations.
Cozumel’s situation reflects a complex balance between debt repayment, public investment, and service delivery. Although the municipality benefits from significant tourism revenue, it also faces high operating costs due to its island status, making efficient financial planning essential to prevent the inherited debt from limiting future development.
