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The council of Finance claims that "the 3.5 million Local Investment Fund that the state should have entered into city coffers and the works have been awarded only 557,000 euros" (25/04/2009)

Councilman Hacienda del Ayuntamiento de Totana, Bartholomew Pallares, complains that "the 3.5 million from the Local Investment Fund that the state should be admitted to the municipal treasury for the works that have already been awarded have been only 557,000 euros. "

The mayor explained that "of 5,086,997 euros, the 21 projects currently underway in the municipality, the state should be entered as 3.5 million, since all the building works are finally adjudicated."

One of the guidelines of the Local Investment Fund, in the words of Pallares, is that "once the project is finally awarded, the Government has to send 70 percent of the total amount of work", so the " 5 million euros, should be entered as 3.5 million euros. "

This situation, as stressed by the mayor of Finance, "and is causing many of the entrepreneurs who have already completed the works to see how their economies are in danger because the City can not send the money for because they have not already sent."

In addition, the council noted that "some of the works already completed and the state has not even crossed the 70 percent of the money for the final award, which passed just before starting the work."

The mayor has criticized "the lack of accountability of senior leaders of the National Government with the Prime Minister, José Luis Rodríguez Zapatero, as the Local Investment Fund has become a propaganda machine and, at this time , is only causing problems to the Consistory. "

He has also denounced it continues this way, "instead of benefit to employers and promoting employment, what they are getting is that seriously undermine the City's municipal coffers."

Source: Ayuntamiento de Totana

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