The rigorous control of public money has resulted in the municipal debt falling from the 105.6 million disclosed in 2008 to 49.2 today, representing an improvement of 56.4 million.
Lorca improves its accounts at a daily rate of 15,342 euros.
The Mayor of Lorca, Fulgencio Gil, together with the Councilor for Economy and Finance in the Municipal Council, Juan Francisco Martínez, reported that the City Council has managed to reduce the municipal debt inherited from the previous Local Administration to achieve the best data of the last 16 years, in particular since 2002. It is an extraordinary advance in this area that we can all congratulate ourselves, since it places the accounts of all Lorca at a level of indebtedness increasingly assumable, although we still have to continue working at respect.
The Mayor has affirmed that this data certifies that the measures of saving and efficiency established to correct the serious deficiencies detected in the control of the expense have been a success.
All Lorca know at this stage how was the municipal economy in 2007 and the change we have achieved to the situation.
Where there was waste, boxes full of unpaid bills and bankruptcy, today Lorca has rigor in spending, suppliers charging in a matter of days and confidence before administration and banking.
We are talking about facts and realities resulting from the commitment we acquired with Lorca and that we will continue to develop until the municipal coffers are cleaned up.
Fulgencio Gil has said that the project we are carrying out to achieve a new Lorca has as a fundamental basis to have a strong City Council economically, so that we can apply new reductions in municipal taxes, while we manage to be a liquidity administration, compared to the serious delinquency we had to face years ago.
The strength of a city depends to a large extent on how we can continue to improve the financial health of this Local Administration.
Now the Lorca enjoy an increasingly strong City Council, in fact before we were not solvent and even refused to grant us credits, while today we have taken a total turn at the juncture.
The First Edil has stressed that this change has been possible despite the fact that Lorca has suffered precisely in this period a "perfect storm" on the economic level, being punished for the effects of the worst socio-economic and labor crisis that is remembered, in addition to for the devastating effects of the earthquakes of 2011 and the floods of 2012, which were very hard blows against the local economy.
In spite of everything, we have been able to increase the provision of municipal services, increase and improve our educational, health and communication infrastructures, in addition to rebuilding our historical heritage and recovering a battered and wounded city.
The Mayor has pointed out that this new Lorca that is already walking thanks to the joint effort of the whole Lorca society can not only be contemplated in the urban renewal of neighborhoods, investments in districts, generation of employment and construction of strategic infrastructures, but in the plane economic is inexcusably to continue the positive evolution of municipal accounts.
The project we have for Lorca is stronger today than ever, with a long journey over the coming years, and with a time horizon whose positive changes we will enjoy for decades.
The First Edil has exposed that the municipal debt has been reduced from 105.6 that brought to light an independent audit in 2008 to 49,274,533.89 euros, which is an improvement that reaches 56.4 million euros .
We are talking about the economic model that we have applied to the accounts of all Lorca manages to tackle debt at a rate of more than 15,342 euros per day.
It should be noted that throughout 2017, which is the most updated data we have, Lorca we have been able to cut another 2.6 million euros of debt, a magnitude that in 2016 reached 51.78 million euros.
Source: Ayuntamiento de Lorca