Portal de Murcia
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The Special Committee met this morning to approve the General Accounts 2015 City Council, composed of municipal accounts and patronage Ramón Gaya, plus annexes of commercial companies Emuasa, Mercamurcia and Urbamusa.
The Councillor for Finance and Employment, Eduardo Martinez-Oliva, said that "we can be satisfied with the situation presented the municipal coffers since 2015 have ended being of the municipalities that pays its suppliers before (13.3 days average period payment) and has less debt per capita (377.49 euros), away from Malaga 1,045, 1,608 of Zaragoza, Madrid or 904.59 1,517 euros of Valencia.
In addition, 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 spending -the chapter 3 by interest- 63%.
"As the investor level is lower in election years as funding and implementation of investment projects they include budgets can not be financed until April or May as it needs to be approved the liquidation of the year above and prior to this date is not possible. If to that we add that the elections of 2015 were in May and the takeover and assignment of responsibilities did not occur until July, we discussed the financial year is reduced to 5 months, "he noted Martinez-Oliva.
In any case, the remaining Cash generated will be invested in this financial year "has completed the councilman.
The new accounting instruction sets the various documents that make up the General Account as the balance sheet, the economic-patrimonial results, the statement of changes in equity, the statement of cash flows, the state budget settlement and the memory.
These General Accounts will be for 40 days on public display and then have to be approved by the municipal plenary to be referred to the Court of Auditors for audit.
Source: Ayuntamiento de Murcia
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