JUMILLA / The local government will propose in full the total amortization of the City Council debt

Source: Jumilla City Council

It is 3,334,100 euros that would leave the loans to zero with all financial institutions.
Last night it was ruled in the Finance Committee to bring to the plenary session in November, to be held next Monday, the proposal of the local government to amortize the total debt that currently has the City of Jumilla.

It is 3,334,100 euros that would leave the loans to zero with all financial institutions. The operation can be carried out through the remaining Treasury that is counted, fulfilling, in addition, the objectives of budgetary stability required by law. To be effective the plenary should initially approve a credit supplement file that must be published for 15 days in the BORM before possible claims.

«The good economic management with which the City of Jumilla currently has will allow the total elimination of any debt, for which we Jumillans should be satisfied to have a sound municipal coffers, with economic availability to make investments and, in addition, having lowered taxes to citizens, «said Mayor Juana Guardiola.

«In the current legislature, the receipt of the IBI has fallen by more than 10%: a bonus of 3% that went ahead in November 2015, 3% by direct debit, to which another 0.9% must be added by the update of the negative CPI that was not applied and 4% due to the application of the update coefficient requested to the Ministry «, pointed out the Councilor for Finance, Alfonso Pulido, who added that» the reduction of tax burden and fees He has been general to the Jumillans. «