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The City Council closes the 2017 Budget with a surplus of 1.7 million euros (16/04/2018)

The City Council of San Pedro del Pinatar closed the settlement of the 2017 Budget with an adjusted budget result of 1.7 million euros and a positive treasury surplus.

The Councilor for Finance, José Fernández, explained that this surplus is mainly due to the fact that the City Council received last April the lack of three years in the loans of the Supplier Payment Plan granted by the Central Government.

Fernandez has indicated that this surplus will be used to generate cash, something that has already been reflected in the average payment period to suppliers, which stood at 23.97 days in the first quarter of the year, below the 30 days established by law.

The mayor of the Treasury has ensured that these indicators reflect the rigor of the economic policy carried out by the Government Team, since the established deadlines and procedures have been met, with the 2017 budget settlement being carried out before February 28 of this year. exercise and presenting the data of the same to the municipal full.

Source: Ayuntamiento de San Pedro del Pinatar

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