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The first deputy mayor and the Councilor of Finance start the Ministry of Finance commitment to take part of the debt of the City (10/05/2017)

Andrés García and Ana Cánovas affirm that the Secretary of State has understood the difficulties that the consistory has to continue to provide the basic services to the citizens, and affirm that the commitment to stabilize the debt in this legislature will be fulfilled

The first deputy mayor of Totana, Andres Garcia, and the Councilor for Finance, Ana Cánovas, have succeeded in getting the Ministry of Finance and Public Administration to assume part of the debt of the municipality of this municipality, after meeting with the Secretary of State for Finance And the deputy Murcia Pedro Saura.

For this reason, both municipal officials have offered a press conference in order to publicize the main agreements for the development of the institutional meeting with the Secretary of State for Finance, José Enrique Fernández de Moya Romero.

"We have achieved that the consistory is on the agenda of the Secretary of State of the Ministry of Finance for an individualized follow-up," said the first deputy mayor.

He explained that the objective of this meeting was to transfer in Madrid the real situation in which the city of Totana is located, with the budget of 2017 already drawn up.

According to Andres Garcia, the Secretary of State, "having been a municipal councilor," has perfectly understood the situation and difficulties of the consistory to continue to provide basic services to citizens.

"After making a detailed statement, he has informed us that he is already working, together with the Federation of Municipalities, to seek a solution to municipalities that are at financial risk, and that in 2018 he hopes to have approved the channels that legally allow Do it, "he said.

Some of the solutions proposed are debt restructuring, "by passing all financial debt as a commercial debt over a longer period of time than the current financing mechanisms allow, between the ages of 35 and 40, to repay that debt. Sustainable way ".

"We also intend to study the possibility of financing investments to save costs on services," said the first deputy mayor of Totana.

"In addition, we want to get sectoral aid from other ministries to coordinate with other aid, such as investments to improve the drinking water network and bring it to optimal performance," he said.

For Garcia, another solution is the creation of a fund of economic momentum that allows the City to benefit from support from different ministries and that allows remunicipalizing services that are profitable for citizens, as well as invest in productive investments.

"While these measures are not approved, we need some flexibility in budget approval," he remarked.

"On the other hand, through the Autonomous Liquidity Funds (FLA), we must resolve the spending that we have the municipalities in the provision of services, which are the responsibility of the Autonomous Community and in our case are about three and a half million Of euros, "he added.

Finally, Garcia explained that the Secretary of State understood that another part of the solution would be to mutualize the debt, "or what is the same, that some of the ministries assume part of the debt, especially the pending with the Tax Agency and the Social Security".

"In short, these are measures that the Secretary of State has described as reasonable and necessary for municipalities, which like ours, are at financial risk and that in the whole of Spain could be perfectly acceptable," he explained.

According to the first deputy mayor of Totana, this would mean being able to continue to provide services with the quality that citizens deserve.

"We will continue to contact the Secretary of State and within about a month we will have another meeting to continue evaluating the progress."

"The commitment to stabilize the debt in this legislature will be fulfilled," he concluded.

Source: Ayuntamiento de Totana / Vídeo: Totana.com

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