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Lorca cut his debt at a rate of € 50,000 a day during last year, getting the biggest savings in its history (23/06/2017)

In 2016, the City achieved a total net saving of 5.12 million euros, the highest in the historical series.

It also achieved the most pronounced improvement in the Negative Remnant of Treasury, with an advance of 6.3 million euros.

The Councilor for Economy and Finance in the Municipal Consistory, Juan Francisco Martínez, has reported that the City Council managed during last year to reduce the debt of municipal coffers at a rate above 50,000 euros per day, while Lorca now have more And better services than ever before and streets, neighborhoods and roads are improved at an extraordinary investment rate.

The Minister of Economy has stressed that the reduction of municipal debt, one of the priority axes of action of the economic team of the City Council, continues to record more than remarkable progress, achieving during the past year to fall to 45 million euros, starting from a Situation in 2008 when it was 105 million.

In concrete figures, the Consistory's debt now stands at 45 million, which is a reduction of 18 compared to the year 2015.

It should be noted that the City Council also managed to control municipal spending well below the ceiling established by the spending ceiling set by the Stability Law of the Ministry of Finance or Public Administrations.

This figure was set at 2.1%, while the Consistory remained at 1.8.

Juan Francisco Martínez has indicated that this data will be transferred to the next ordinary session of the City Council plenary session through the corresponding Account Dation of the settlement of the budget for the 2016 fiscal year, providing a positive incentive to continue working in the right direction.

We are talking about a work that also translates into a surplus of 3,644,828 euros.

The difference between recognized collection rights and payment obligations, which is recorded as net savings, also shows positive data, standing at just over 5.12 million.

We are talking about a gross saving of 12.28 million, which depreciates the amortizations derived from the loans and other operations that involve a total block of 7.17 million.

The Edil de Economía has anticipated that the accounts of last year bring good news regarding the improvement of the Negative Remnant of Treasury (RNT).

It is worth remembering that the efforts of the Consistory are being directed over the last years to reduce this magnitude.

So in just one year the City Council has managed to cut it by more than 6.3 million euros, going from the 14.9 million it presented in 2015 to 8.6 last December.

Martínez Carrasco explained that this improvement will translate into a clear benefit for all citizens, as it will allow the City Council to release more money to increase the execution of future investments and have the opportunity to allocate more funds to increase and improve services Which offers to Lorca.

The Councilor for Economics has said that thanks to the continuous efforts of all municipal areas, which have been fully involved in improving accounts, it is achieved that the City Council consolidates the economic autonomy that is reaching over the last years, Ratifying also its self-financing, since the income that it has covers the own expenses.

Economic independence allows us to sustain the provision of quality services with our own resources and leave the debt in a technical minimum, which we will continue to reduce as we can and thanks to the positive developments we have generated.

This achievement confirms that the measures of optimization and efficiency in the economic area that we have been developing during these years have been especially beneficial for all Lorca.

In fact the budgetary effort we are doing allows Lorca to have sound and efficient accounts.

Source: Ayuntamiento de Lorca

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