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Alicia Abellán: "The City of Jumilla has managed to eliminate commercial debt completely and even reduce the debt" (05/02/2015)

Councillor of Finance, Alicia Abellán has reported recent data reported to the Ministry of Finance, concerning the last quarter of 2014, which highlights, among others, the average period of overall quarterly payment to suppliers, which is in Jumilla 4.17 days.

The report has been published on the municipal website, the bulletin board, to query all Jumillano Jumillano, and as indicated by Alicia Abellán, "is an important fact, companies that billed the City are becoming better than ever , and that creates a trust that allows us to tackle important projects with guarantees of solvency. "

In this regard the Finance Minister, tinged that "after canceling the debt to suppliers, who were owed over 7 million euros, commercial debt is zero, so that only the total debt of the City is 7.5 million euros, which is exclusively debt. That is, even lower than had the City Council in 2011, when only banks debt exceeded 7.5 euros. The difference is clear, before it was due to banks and suppliers, now only due to banks, and even fewer of those who had three years ago. "

Also tinged some of the information published by the PSOE spokesman municipal group, in which it stressed that municipal debt has grown from commercial debt to debt finance.

In this sense, explained Alicia Abellán "when the government team took office in municipal accounting a total debt of over 15 million, ie 7 million and a half euros of bank debt was recorded, and more than 7 million companies, many of the town. To which must be added the nearly 3 million repayable, liquidations State taxes for the years 2008 and 2009, as well as all expenses that have appeared in this term and correspond to expenditures made in previous legislatures. "

"In the current legislature, have been amortized over 6 million in bank loans, the vast majority formalized during the previous term. Whereupon, the summary is clear, we owe as much to the banks than before, but companies have taken so that the City owed more than 7 million euros to more than 400 companies. We have paid and continue to pay, according to recent data, an average of 4.17 days, "finally pointed Alicia Abellán .

Source: Ayuntamiento de Jumilla

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