Portal de Murcia
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The Councilor for Citizen Security and Economic Management, Eduardo Martínez-Oliva, has realized this morning at the Plenary Commission of Infrastructure, Finance, Economic Management and General Affairs of the Consolidated Liquidation of the City Council Budget in the year 2018 "which meets all the commitments established in the current financial economic plan, budgetary stability, spending rule, debt and average payment period "
From the report of the Municipal Intervention, and after collecting information from the General Treasury, as responsible for accounting, and the Economic and Budgetary Directorate, it can be seen that the difference between recognized rights of the income and expenses chapters, after the application of the adjustments, a financing capacity of 19,816,118 euros is derived in consolidated terms.
As for the objective of the expenditure rule, the limit contemplated in the current Financial Economic Plan has been met.
With regard to the debt limit, the City Council is below the percentage established by the Law of Local Haciendas.
On the other hand, the average payment period at December 31, 2018, according to the data of the Ministry of Finance, was 14.38 days, so the delinquency regulations were complied with and placed the City Council as one of the fastest paying their suppliers.
In the opinion of the Councilor for Finance, Contracting and Urban Mobility, Eduardo Martínez-Oliva, 'the rigor with which the Government Team has conducted economic management these years is evident in this liquidation, which results in surplus despite the policy of tax reduction and improvement of public services, while reducing indebtedness and the average period of payment to suppliers.
And all this, complying with the rule of expenditure and budgetary stability '.
The liquidation offers a surplus of 19.8 million euros, which is the result obtained from the difference between income and non-financial expenses, and indicates that the City Council has financing capacity, that is, it is in a situation of budgetary stability.
Martínez-Oliva has reported on the forecasts made by the Independent Authority for Fiscal Responsibility (Airef) in its last report on July 18 in which it determines the objectives of budgetary stability, public debt and the expenditure rule of public administrations.
Airef expects Murcia City Council to comply with budget stability and the spending rule for 2019 and detects high risks of non-compliance in municipalities such as Madrid, Las Palmas or Córdoba, as well as making recommendations to the municipalities of Barcelona and Seville that failed to comply with the spending rule in 2018.
As conclusions on compliance with the fiscal rules in the City of Murcia, Airef determines that a surplus of 8 million euros will be reached in 2019, the spending rule will be fulfilled as well as the indebtedness will be reduced despite the imputation of the Tram debt.
Source: Ayuntamiento de Murcia
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