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The House approved the measures contained in the Feasibility Plan (02/02/2012)

The Plenary approved today , with votes for the PP and PSOE against and United Left-Greens, a package of measures contained in the Economic-Financial Viability and presented by the Department of Finance, which sets out the actions that should allow the maintenance of municipal public services and address the debt of 84.3 million euros to be drawn from the audit.

In addition, corporations have agreed, with the same result in the vote, request the Ministry of Finance and Public Administration authorization to enter into a syndicated loan with financial institutions with which the Consistory has operations currently in force.

Similarly, at that special meeting, it was agreed unanimously to ask the Ministry of Finance and Public Administration's implementation of a new ICO addressed to the municipalities and intended exclusively for payment to suppliers.

Economic-financial study prepared by the municipal officers in recent months, it appears, as of December 31, 2011 - the long-term debt with financial institutions amounted to 42 million euros, the commercial is 32 suppliers and the ten remaining public and other agencies, respectively.

Said Feasibility Plan to be forwarded to the Ministry intends to seek enforcement of the actions included in this road map and authorize an increase in borrowing capacity of the municipal institution.

The Plan has the primary objective, as reflected in the proposal, to achieve progressively, in parallel to the adjustment measures already adopted or pending application, the desired objective of budgetary stability and obtaining necessary and sufficient liquidity.

Source: Ayuntamiento de Totana. Foto: Totana.com

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