The indebtedness of the autonomous regions has been constantly increasing since 1995, reaching record levels each year. This is despite the commitments to budgetary stability being frequently made in recent years.
30% increase in water rates in Coín
It is the good citizens of Coín who will be required to dig even deeper into their pockets to make up for the years of poor management of public funds with increases in water rates, refuse collection and the use of cultural and sporting venues.
Municipalities begin to pay off debts
A number of municipalities will start today to pay off debts to suppliers, some dating back twenty years, by means of ICO loans signed with various banks, although the bulk will begin this process on Friday.
Estepona looking to reduce number of municipal employees
The Mayor of Estepona, José María García Urbano, has announced that the Council has been forced to present plans for a reduction in the number of municipal employees after union representatives apparently refused to consider wage reductions as one of the means to achieve the necessary €6 million cuts in personnel costs.
Passing thought…
As Councils prepare, or in some cases start, to pay outstanding debts (up to a certain date) to suppliers, are they going to continue by paying future invoices on time or are they just going to let the debts build up again?
More problems for Vélez-Málaga Council
More problems for debt-ridden Vélez-Málaga Council, this time relating to the municipal cleaning concession, has led the Councillor for Town Planning and prospective IU mayoral candidate Salvador Marín to call for the ‘immediate rescue’ of the concession.
Council lock-in in Barbate
The Mayor of Barbate and his government team have locked themselves in the Town Hall after financial and other institutions refused to extend them any more credit to pay their debts or their workforce.
Still no extended tram service in Vélez-Málaga
The second stretch of the Tranvia tram line in Vélez-Málaga, a 1,200 metre section from the Parque Jurado Lorca to the old railway station, is still not operating despite being completed in February 2008 at a cost of over €8 million.
Tranvia in Vélez-Málaga still not fully functional
The second phase of the Tranvia tram system in Vélez-Málaga cost €8.1 million and was completed eighteen months ago, yet it still not in operation.
Vélez-Málaga continues to run up debts for tram service
Vélez-Málaga Council continues to run up debts relating to the Tranvia tram system and is concerned that, because of this situation, the operators of the trams, Travelsa, may decide to suspend the service.