 On May 11, 2017 it was reported that due to a declining population the town's mayor Daniele Galliano recommended a proposal to the Ligurian regional government, and not a confirmed measure, but that it hopes to enact the bonus in 2018 of offering €2,000 ($2,175) and very low rents starting at $50 per month for anyone willing to move there.Bormida is about west of Savona (as the crow flies) in the upper Val Bormida between the mountain peaks of Settepani, elevation , and Ronco di Maglio, elevation .The Bormida di Pallare, a tributary of the Bormida di Spigno, flows through its territory.