Portal de Murcia
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The Councillor for Finance and Employment, Eduardo Martinez-Oliva, presented this morning at the Plenary Commission on Infrastructure, Finance and Settlement Affairs consolidated budget for the year 2015.
So, last year the City budget closed with a result of almost 42 million euros and a cash remaining for general expenses of 13.8 million euros.
This savings of 13.8 million euros obtained by the City Council in 2015 will be used to reduce financial debt.
Closing the budget also indicates a rise in current expenditure of 5%, reaching an implementation level of 91%.
Is particularly noteworthy increase in current transfers, 2%, driven mainly because it has allocated more resources to the most disadvantaged groups in the municipality, namely 7.5 million euros for this population, 11% more than in 2014.
The channeled through Chapters 6 and 7 of the budget investments increased by 46% to the total of 34.19 million euros.
Of this amount they were allocated directly to neighborhoods and districts almost 19 million euros, 55% of total investment spending.
Moreover, the good financial health of the City in savings on interest payments as a result of reduced debt levels and lowering interest rates, so that in 2015 decreased -expenses financial-Chapter 3 63%.
As for income, current increase by 2.7%, and 19% those from goodwill and construction.
On December 31, 2015, the City of Murcia ended the year with a long-term financial debt of 163.61 million euros, 15 less than in the previous year as the planned depreciation have joined the nearly 9 million result of the implementation of the 2014 surplus.
Also at the Commission plenary it has realized the audit report on assessment of compliance with budgetary stability objective, the Rule of expenditure and debt limit in the first quarter that stays within the parameters established by the Ministry and the report Intervention on the process of full audit of previous years.
Source: Ayuntamiento de Murcia
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