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The municipality of Yecla has a net savings of over 650,000 euros (01/04/2015)

The Councillor of Finance has indicated that municipal settlement of 2014 provides "a net savings of 666,024 euros, representing a budget of 122,773 euros result .... The average payment to suppliers Hall stands at 10 days".

The mayor stressed that "this budget settlement meets the objective of budgetary and financial stability"

Finance Councilman Alexander Palao, presented the results of the settlement of the Municipal Budget 2014 that "casts a really satisfactory for municipal coffers data as having a net savings of more than 650,000 euros, 666,024 euros specifically. These data represent an outturn of 122,773 euros "as clarified the council

In turn, the mayor of Yecla stressed that "this budget settlement meets the objective of budgetary and financial stability and the rule of spending that sets the target the government of the nation".

Marcos Ortuño also wanted to emphasize that "the City of Yecla is well below the legal limit of indebtedness."

"A debt which stands at 20%," specified the council of finance.

To Alejandro Palao, is equally remarkable that "the average payment to suppliers of municipal institution is 10 days, which means being 15 days below the national average which places the payment to providers Spanish municipalities in 25 days" .

Regarding the budget surplus, Councillor of Finance has indicated that "it is a subjective thing. For other questions, designed to achieve in the future a more flexible budgets, from the Department of Finance has decided to change the parameters that was being calculated in recent years, standing at this moment in a negative 1,200,000 euros "

Source: Ayuntamiento de Yecla

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