Portal de Murcia
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The Board of Governors approved the expenditure on early repayment of financial loans amounting to 13,419,084.87 euros.
As a result of the settlement of the 2015 budget, the City obtained a positive cash surplus of 13 million euros, which will be aimed at early repayment of loans contracted.
This is an imposition that establishes the municipal intervention compliance of budgetary stability.
Credits carryforwards are that the Department of Finance and Contracting, based on the report by the Financial and Economic Management of the City, considered to be more burdensome for the municipal coffers and, in particular, relate to a loan granted by Cajamar.
This will allow, once this amortization, continue down municipal debt stood at 140.80 million euros.
In addition, further lower debt level, which will stand at 37.84% placing Murcia between the municipalities of more than 100,000 inhabitants in Spain which has the lowest index.
Source: Ayuntamiento de Murcia
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