Portal de Cehegin

www.portaldecehegin.com

• Home
• Business
• Hotels
• Restaurants
• News
• Advertisement

In ordinary plenary on 25 November, the Local Government approved the application of PP a new loan for an amount greater than 500 000 euros.

Thus, municipal debt, close to 12 million euros, reached the maximum allowed by law

The last full Cehegin Town Council, among other things, brought to debate the proposal of the government team's Party requesting a new loan, in this case the Official Credit Institute and the amount of 521.256.95 euros.

With this new credit transaction, the PP municipal debt stands very close to 12 million euros, an amount that exceeds the limits permitted by law (75% of current revenues of the municipal budget), so that the future prevent the City Council enter into new credit operations.

Councillors Socialists voted against this proposal, because according to his spokesman, Jose Rafael Rocamora, "borrowing policy Soria is mortgaging the future of cehegineros and preventing, to a compelling need, you can request a new credit ".

Spokesman socialist view, all politicians have understood the concern, which is expensive and irresponsible indebtedness, all but Soria, who would not seem to care about the mortgage the future of the City for years to come.

Rocamora also noted with concern the evolution of municipal debt during the years of government Soria, because "its enormous size requires a Local Government to allocate significant amounts of money annually to pay the amortization and interests. Without going any further , known as the "debt service" (amortization plus interest) will cost this year to city coffers over 1 million euros. "

The PP government, justifies the need to apply for credit, to meet the payment of four invoices that the company Acciona receivable for work done in building the municipal auditorium.

This fact does not convince the PSOE, as also to reopen the debate on whether such an investment in times of crisis, warning that the payment of these bills would correspond to the autonomous region, so that the town of Cehegin does not have to pay debts that do not correspond.

Source: PSOE Cehegín