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HomeSpanish NewsClaims that Torrevieja 2024 Finances is Not What it Appears

Claims that Torrevieja 2024 Finances is Not What it Appears

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Following the fanfares that Torrevieja is to have an enormous price range increase in 2024, the Sueña Torrevieja municipal group has warned that the investments of the price range are completely up within the air.

Pablo Samper, spokesperson for Sueña Torrevieja, assures that “the formalisation of the loans of €19.5 million will must be authorised by the Monetary Guardianship Physique of the Valencian Group because the 2022 price range has been liquidated with budgetary instability”.

Samper subsequently claims that “the price range for 2024 just isn’t the very best within the historical past of Torrevieja however the lowest within the final 4 years, along with the actual fact that it’s the worst financed and the one which if nobody treatments it, will trigger the very best deficit and subsequently the very best financial and monetary plan for breach of budgetary stability within the historical past of Torrevieja”.

Samper assures that “the online financial savings quantity to €3.6 million, so a discount within the budgetary end result for present operations within the settlement of the 2023 price range better than this quantity would forestall new credit score operations from being organized, leaving investments amounting to virtually 20 million euro with out financing, together with all of the works awarded in 2023 via processing the budgetary results of the advance of the settlement as of September 30, 2023, presents a DEFICIT of €14 million, €8 million larger than  the results of the  settlement of the yr 2022”.

On this sense, article 53.1 of the TRLRHL establishes that “new long-term credit score operations will not be entered into when detrimental web financial savings are deduced from the monetary statements mirrored within the settlement of the budgets”.

Samper concludes by stating that “bearing in mind that they should await the approval of the 2023 settlement to request authorisation to formalise new loans and that in the event that they settle with detrimental web financial savings, no mortgage might be formalised, they need to droop the processing of the price range so as to dedicate the doable surplus of the liquidation via using the RTGG to finance probably the most pressing investments”.

The publish Claims that Torrevieja 2024 Finances is Not What it Appears first appeared on This Is Torrevieja – Torrevieja information and occasions.

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