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The mayor sends to the groups of the corporation the updated document, which contemplates the early amortization of the Adjustment Plan

The readjustment of the municipal budget shows an increase in investments of about 550,000 euros

12 July 2019
El reajuste del presupuesto municipal arroja un aumento de las inversiones de cerca de 550.000 euros

The local government team today has sent the members of the corporation the updated draft of the municipal budget of 2019, which shows an increase in municipal investments in about 550,000 euros, as reported today by the mayor, Toni Pérez, and the councilor of Finance, Aida García, who recalled that the original document "was fully released last April."

The head of the Treasury explained that the time that has elapsed since the drafting of this draft has made it necessary to "make adjustments in Chapter 1" to include the benefits that derive from "the immediate application of the Valuation of Jobs (VPT)" , as well as to adapt the document to the current situation. According to Garcia, "we have finalized these adjustments, also increasing in some 550,000 euros net chapter 6 of Investments, which goes from 9.224.965,33 euros to 9,773,236.12".

The mayor stressed that in addition to maintaining the projects already included in the April document, the readjustment of the budget has translated "into the appearance of new investment projects." Among these is the remodeling of Polop Street, for which a subsidy has also been requested from the Provincial Council; the recovery and enhancement of the Torre de Morales; the promotion of an Asphalt Plan 2019; and increase and improve the provisions of the Local Police with the acquisition of a new transmission system.

Likewise, the updated document also includes an increase in the resources allocated to the Participatory Budget, and that "it is the result of the vocation of this government to respond to citizen participation". Specifically, the Participatory Budget grows by 21,000 euros, going from 532,000 to 553,000 euros and will attend with more solvency the proposals of the Neighborhood Council.

Pérez also stressed that the budget transferred today "reflects, as we had promised, the early cancellation of the Adjustment Plan, which in 2012 was set for 2023 and which will be amortized on December 31 of this year". According to the mayor, the early cancellation of the Adjustment Plan loans results in "more sound accounts, which are the endorsement of the economic management made in the last four years."

The mayor concluded that "we are talking about the most social budget in the history of Benidorm, which continues to increase the number of areas of attention to people, without forgetting the investment effort that we have recovered and consolidated in recent times."

The groups of the corporation now have more than two weeks to study and analyze the budget proposal, which will be fully raised in the ordinary session at the end of July.