Portal de Yecla
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Finance Councilman of the City of Yecla, Angel Pino, appeared this morning at a press conference to report the final result and settlement of the budget for 2015, stating that "the City of Yecla meets all the economic requirements dictated by the European Union and the Regional Finance in relation to the budgets "
He has based this statement on data that provide an end of over 400,000 euros surplus and a debt of around 12.9 million euros.
In the aspect related to debt, Angel Pino, announced that "this council has been enduring a debt in 2009 totaled more than 19 million euros, to be below 13 million, representing a reduction year more than one million euros ".
Similarly, another data has been underlined the percentage of direct collection of our town which stands at 86%, increased more than 3 million euros in revenue by pressure executed by the Tax Agency and is also very positive.
Therefore he said that "right now the council meets all the parameters of budgetary stability, does not exceed the spending limit in fact has decreased;. It meets the level of debt and have a positive net savings for all this our situation is good and allows us to face the new budget with optimism. "
He also explained that "the remnant, that purely accounting concept and abstract has been negative 700,000 euros, a figure that is not bad if we consider that we have reduced that figure by more than half a million in one year and the remaining first it is 9 million. "
Source: Ayuntamiento de Yecla
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