Portal de Las Torres de Cotillas
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The City of Las Torres de Cotillas passed last Thursday, April 30 ordinary plenary a budget amendment to perform the repayment of a total of 2,261,000 euros of municipal debt.
"This has been possible thanks to the good results of the year 2014, resulting in a cash surplus for that amount," said Councilman Finance, Angel Gonzalez, indicating that this partial redemption will be added throughout the year than expected, which will reduce the debt of 9.12401 million euros it had at the beginning of the year 2015 up to 5,856,456 euros that will be the end of the year.
"All this will also allow savings in the interests of more than 200,000 euros," said the mayor.
These data translate into the Cotillas Towers is one of the healthiest municipalities in the region and a lower level of debt, no longer need or economic and financial adjustment plan or plan or reorganization plan.
"No doubt we are one of the municipalities with better economic health of the region, which will secure henceforth return Torreño and torreñas the effort made during these years of crisis," Gonzalez said, citing as an example and downs of IBI rates in the sports facilities, as well as increased investment in the municipality.
Source: Ayuntamiento de Las Torres de Cotillas
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