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The City Council will have until 2031 to return to the state advances erroneous 2008 and 2009 (20/11/2014)

The Information Committee of Finance and Interior, met this morning under the chairmanship of the councilor of the area, Fatima Suanzes has reported favorably on the proposal to extend the period of repayment of debit balances of the final payments from participation in State taxes 2008 and 2009, which were unfavorable to the City.

According to the Councillor of Finance, the City must for this item are currently about 12 million euros to the state, which should return in the next seven years (2021).

The proposal will be extended to 17 years repayment period, without interest, until 2031.

The transaction will for the municipality to increase its liquidity by 500,000 per year.

Suanzes has indicated that the operation is possible, since it complies with the requirements imposed by the Ministry as having submitted the 2013 budget settlement in a timely manner;

comply with the limit of public debt;

have a lower payment term suppliers to 30 days;

and have provided meet the standard of budgetary stability December 31, 2014.

The proposal has received favorable votes from PP, PSOE and Citizens' Movement, who have considered the beneficial operation for municipal interests, it becomes more bearable paying a non-interest bearing debt.

United Left Greens voted against it should be considering the Autonomous Community which by that debt was made, since much of the state funds that should come every year to the City of Cartagena by the County Council, not arrive.

His spokesman Jaime Moltó Cayetano has said that of the 27 million corresponding to Cartagena in 2013 by population, only 3.5 milion transferred.

This issue will be the only integrate the agenda of an extraordinary plenary session to be held on Tuesday, November 25th.

Source: Ayuntamiento de Cartagena

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