Last year, mayors of Montenegrin municipalities earned between 1,200 and 1,800 euros monthly, with many of them not disclosing their bank account details.

Forbes Magazine has examined their asset declarations published by the Agency for Corruption Prevention (KAS), revealing that some local leaders hold positions on various councils or have additional occupations, while others engage in agriculture or are known for their interest in firearms.

Mayor of Podgorica Olivera Injac receives a salary of 1,800 euros, totaling nearly 15,500 euros last year. Additionally, she earned two thousand euros from her committee roles and five thousand from other jobs.

She inherited a 65-square-meter apartment, owns 50 percent of several properties, and reported having ten thousand euros in cash before she revealed her bank account details.

The Mayor of Nikšić Marko Kovacevic did not disclose his bank accounts while earning nearly 1,400 euros last year. He possesses an 800-square-meter plot and a Renault Megane, with seven thousand euros in cash, and pays 587 euros monthly toward a 25,000-euro loan.

Another mayor with a similar salary is Dusan Raicevic, Mayor of Bar, who earned just over three thousand euros last year while also being a prophet. He owns an apartment, three cars, and holds shares in a company. He had no issues allowing access to his bank account records.

Mayor of Bijelo Polje Petar Smolovic earned about 1,400 euros and slightly less from other committee memberships. Smolovic owns a 92-square-meter apartment, has a passion for firearms, and is repaying a loan of 110,000 euros. He allowed inspection of his bank account.

Mayor Dario Vraneš from Pljevlja earned 100 euros less than Smolović, additionally making 8,700 euros from his side jobs. He owns two cars and did not disclose his financial records.

Mayor of Cetinje Nikola Đurašković earns 1,360 euros monthly and owns a 112-square-meter apartment obtained through purchase and inheritance, while he repays two loans totaling 65,000 euros. He too did not provide insights into his accounts.

Stevan Katic, Mayor of Herceg Novi, received the same salary but was quite active in his work, earning nearly 10,000 euros. He has a 95-square-meter apartment, two cars, and is repaying a loan of 118,000 euros. He has disclosed his bank account details.

President Željko Ćulafić of the Municipality of Andrijevica earned 200 euros less than Katic. He owns four cars and a business named “Karamela,” which operates markets. He is repaying a 20,000-euro loan and did not provide bank account insights.

Yugoslav Jakic, President of the Municipality of Savnik, reported earnings of nearly 15,000 euros last year, with an additional 21,500 euros from other sources. He owns a 73-square-meter apartment and four firearms while paying 220 euros per month on a loan. He also opted not to disclose his bank account information.

Mayor of Ulcinj Omer Bajraktari earned approximately 1,300 euros monthly, plus six thousand euros from his company. He has a large orchard, an office space, a 135-square-meter house, four cars, and four thousand euros in cash. He pays 445 euros monthly on a loan but has not shared details about his financial transactions with the public.

Mayor of Kotor Vladimir Jokić earned the same amount as Bajraktari but does not own any registered real estate and did not provide insight into his accounts. Željko Komnenović, the Mayor of Tivat, made about 200 euros more, owns an apartment, several thousand square meters of land, and a small share in a Serbian house in Podgorica. He repays three loans totaling 500 euros each month but has also withheld his bank account details.

Mihailo Asanović, the president of the youngest municipality of Zeta, earned 1,250 euros a month, with over 14,000 euros from agriculture. He received two cars as gifts and disclosed his bank account information.

Information regarding the revenues and assets of the Mayor of Budva, Mila Božović, remains unknown as she has not submitted her records to the Anti-Corruption Agency. It was revealed that Božović violated the law with a penalty ranging from 500 to 2,000 euros, yet she continues to ignore regulations, as her last submission dates back to 2020 when she served as a municipal manager. Following recent elections in Budva, a new mayor is anticipated if agreements are reached among the participating parties.

Tijana Pravilović, Associate Forbes magazine