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The municipal accounts for next year yield an estimate of revenue of more than 21,562,000 Euros, 28'95% lower than in 2011, compared to expenditure of 18,481,000 euros predicted

The City of Las Torres de Cotillas presented at an extraordinary plenary session held on Thursday December 22 2012 Municipal its Budget, amounting to 21,562,596 euros in '93 the revenue (about 28'95% below the previous exercise) compared to 18,481,002 euros earmarked spending '04 (a 39'10% less than in 2011).

Numbers that show an initial surplus of 3,081,594 € '89.

"These budgets are a clear example of responsibility and Austerity in line with the economic situation we are living in," said Councilman Torrena of Economics and Finance, Alfonso Sandoval, also presented a plan for financial restructuring and austerity and economic plan Financial 2011-2014 within a period not exceeding 3 years shall meet the following objectives: "to eliminate negative net savings and the remaining negative cash, respect the principle of budgetary stability and reduce the obligations outstanding at the end of each year, in compliance the legislation in late payments. "

"In summary, we pursue fiscal stability in 2014 to Cotillas Towers as a society continue to grow, driving the growth of economic activity and employment, and ensuring social activities as a commitment to the citizens," the mayor keeps Torrena .

For employment, education and social support

One focus of these Municipal Budget 2012 is a firm commitment that the government team held Torrena for stability in employment, ensuring stability and security in the use of its 200 workers.

Likewise, the Department of Social Services and Education held their budget.

"This helps guarantee an urgent need, grants for books and school supplies, social activities, transportation, day stays, drug prevention, home care, home telecare, nursery schools, dining services-schools, Erasmus , maintenance of schools, and so on. "said Sandoval.

"This way, the debt level to January 1, 2012 the City of Las Torres de Cotillas would stand at 31'14%, well below the 125% maximum borrowing amount allowed by law," said Councilman Local Economy, recalling that this level of Torrena accounts is "a 3'65% lower than last year."

Source: Ayuntamiento de Las Torres de Cotillas