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The City of Lorca end 2015 with a surplus of more than 3.4 million euros in the municipal accounts (28/03/2016)

Councilman Economy explained that "in fact, despite having to deal with payments planning agreements cheating, have managed to reduce bank debt long term 5,300,000 euros".

The Councillor for Economy and Finance of the City of Lorca, Fulgencio Gil, stressed that "the results of the municipal accounts for the financial year 2015 to be discussed at the council meeting on Thursday, are very good, throwing a surplus of 3,428,967 euros ".

"This is the reality that will be plenary and, as demonstrated by technical reports, certifies that the city of Lorca meets the criteria of budgetary stability, even with a significant financing capacity," added the mayor.

Councilman Economy explained that "in fact, despite having to deal with payments planning agreements cheating, have managed to reduce bank debt long term 5,300,000 euros".

The mayor explained that "in the statements of IU trying to blur reality, we need to clarify that negative treasury surplus is a temporary situation fruit, for the most part, the increase in subsidies collected, which by its nature, in some cases, you have to pay the Consistory before receiving the contribution of other administrations, but that will be covered once that they are received, as happened in previous years with funds such as the Urban Community Initiative of the Barrios Altos de Lorca ".

Source: Ayuntamiento de Lorca

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