Portal de Murcia
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The suppliers of the City council charged their invoices at the end of the year within two weeks, compared to the average of 75 days registered by local corporations |
It has already approved the liquidation of the budget of 2018 of the City of Murcia, which is settled with a cash surplus of 207,429 euros.
This registration will have to be complemented with the approval of the Patronato Ramón Gaya and Urbamusa accounts, in order to know the consolidated balance, that is, the City Council and its autonomous agencies.
This information will be known in the coming weeks.
The balance approved today, which represents an indicator of the entity's liquidity, also allows knowing that the number of invoices processed last year at the City Council was 30,919, 84.77% of which was presented in electronic format, in front of to 61.15% of the previous year.
On the other hand, the average period of payment to suppliers was in December 2018 in 14 days, while in the same month of 2017 it took 18 days to pay and in 2016 it was 21 days.
The average of the local corporations is around 75 days.
With these data, the City closed 2017 and 2018 with a positive treasury surplus and a 25% reduction in municipal indebtedness since 2014.
Both long-term and short-term debt decreased in the last four years from € 229.7 million to € 182.5 million.
The consolidated financial debt is currently at 48.6% (without charging the tram), while in 2014 it was 63.4%, far from the limit of 110% established by law.
The imputation of the tram's debt in 2016 - the litigation presented by the City Council is pending resolution - caused an increase to 101%, and only two years later it has decreased to 92.5%.
Source: Ayuntamiento de Murcia
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