The mayor attends the Territorial Commission of FEMP that deals with the future decree that will allow the municipalities to reinvest the surplus of 2017

The mayor, Toni Pérez, has attended today the meeting of the Territorial Commission of the Spanish Federation of Municipalities and Provinces (FEMP), of which Benidorm is part, which has addressed the executive order announced yesterday by the Minister of Finance, Cristóbal Montoro, which will allow the municipalities to reinvest the surplus of 2017. An announcement that was made at the end of the meeting between Montoro team and the president of the FEMP, Abel Caballero, in which the financing improvements that claim the Spanish municipalities were addresed.

Pérez pointed out that this executive order will "address the voice of municipalism" allowing "those municipalities that have been able, working very hard, to obtain a surplus in the year 2017" to reinvest it in "infrastructures that, within our competencies are absolutely necessary "and also in" improving the services we provide to citizens ".

Up to now the Town Councils had to allocate the surplus to cancel debt in advance, which limited the ability to use that money to improve services or infrastructure.

The mayor stressed that the surplus achieved is the result "in the first place of the efforts of our neighbors and our companies"; and that has been "accompanied by good municipal management." A management that has made possible to "reduce" the municipal debt and place it "well below the parameters imposed by the City Council itself in the 2012 Adjustment Plan" and "close the exercises with surplus". Therefore, he stressed that "it is fair" that the results of this collective effort and management "serve to improve the funding of municipalities like Benidorm have done their homework and we can now reinvest these resources in works, infrastructure, services and actions that improve the quality of life of citizens and the city itself ".

The Territorial Commission of the FEMP has also addressed "the commitment of the Government of Spain to improve some aspects related to the cost ceilings", or with the possibility of "releasing the replacement of cash" so that the municipalities that meet the stability objectives and sustainability can "meet the coverage of absolutely necessary positions such as those related to social care, safety or economic management."

Prior to the meeting of the Territorial Commission, the mayor also participated in the meeting convened by the FEMP with mayors from all over Spain and with representatives of Provincial Councils, Insular Councils, Town Councils and Territorial Federations of Municipalities in relation to the aforementioned Executive order.