Portal de Murcia
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Councilor for Finance and Contracting, Eduardo Martínez-Oliva, explained that "this morning we have reported on the budget execution for the third quarter of 2016 to 30 September and there are acknowledgments of credits worth more than 35 million euros that are Will account for this last quarter. "
"Currently all the services of Decentralization of the Technical Projects and Contracting Office are working to reach the highest possible degree of execution of investment items in order to reach an adequate level of budget execution," said Martínez-Oliva .
According to the councilman, "we are also debugging balances of doubtful collection of previous years. In this third quarter have been written off, either because they have been charged or because they have been prescribed, around 12 million euros with what we intend That municipal accounting is as accurate as possible to reality ".
It has also been reported by the Intervention Service of compliance with the three parameters established by the Stability Law for municipalities: level of indebtedness, budgetary stability and spending rule.
As for debt and as a result of the early repayment of € 13.4 million recently, "the level is around 40% when the stability law sets a ceiling of 75%. The good economic and financial situation of the City of Murcia, "finished Martínez-Oliva.
Source: PP Murcia
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