Portal de San Javier
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The accounts of the City of San Javier ended 2012 with a surplus in national accounts terms 2,165,083.58 euros explained the mayor of San Javier, Juan Martinez today in Parliament where he presented the budget settlement for the year past year.
Juan Martinez said that "the economic situation of the City of San Javier is much better today than a year ago" and contrasted the data of 2012 with that of 2011 when the municipal accounts ended with a deficit of 2.7 billion euros.
The mayor of San Javier explained that the surplus in 2012 was due "to the austerity measures, savings and improved monitoring of budget execution, carried out by the government team, and the payment plan providers that has allowed to catch up. "
Juan Martinez said "the good economic objective which shed these figures, but remain cautious because now we have to be able to continue improving and fulfilling, as we are doing, to pay our bills, having become the effect of the payment plan suppliers ".
In this regard, noted that since the last quarter of 2012 the City pays its suppliers in an average of 60 days compared to 156 days it took to pay half in late 2011.
Martinez recalled that provider payment plan has since increased its municipal debt with banks "that nevertheless stands at 41 percent, far below the 75 percent limit marked by the law."
About 2.1 million euros in surplus, 2012, Juan Martínez recalled that while so far the current regulations requires allocating surplus municipal accounts to pay long-term debt, "we are waiting for the approval of an amendment of that law, by the central government, which would allow us to use part of that money to make investments that help energize the economic life of our town. "
The mayor of San Javier, Juan Martinez also stressed the result of annual monitoring report to the Adjustment Plan, carried out by the City of San Javier, prepared by the municipal auditor, which indicates that the City has complied satisfactory adjustment plan during the year 2012 and maintains economic and financial situation facing the favorable year of 2013, in response to the figures of reducing current expenditure, the maintenance of current income, net increased savings, increased the remaining cash and the downward trend in delinquency rate.
Source: Ayuntamiento de San Javier
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