The City of Teruel figures its debt at 60.7 million euros and must tighten the belt

The City of Teruel figures its debt at 60.7 million euros and must tighten the belt

The City of Teruel figures its debt at 60.7 million euros and must “tighten the belt”

The City of Teruel has a debt with banks and suppliers of 60.7 million euros, as has been announced by the mayor of the city, Manuel Blasco. The mayor has ensured that the disclosure of these figures do not seek to find guilty, but solutions for the future.

The City of Teruel has a debt with banks and suppliers of 60.7 million euros, as has been announced by the mayor of the city, Manuel Blasco. The mayor has ensured that the disclosure of these figures do not seek to find guilty, but solutions for the future.

Blasco has opined that it will be necessary to “tighten the belt”, being “very careful with the expenses and going to other Administrations”. He has specified that the long-term debt is 45.3 million euros, to which must be added 1.4 million euros of debt in treasury operations and 7.1 million euros of debt to suppliers.

Also, we must add the debt of the Urban plan (5.1 million euros), the Reviter (3,000 euros), the Planning Management (200,000 euros) and the Institution Fair (962,454 euros). The debt for each turolense is 1,715 euros.

Blasco explained that “we do not try to hold anyone accountable” since this situation has been “because of the crisis” or having assumed powers of other administrations and has been “aggravated by the political decisions made in the last 20 years “, which are related to the sale of public land or to the tax policy, among other issues, he said.

According to Blasco, “the City Council will be able to meet their payments, but by tightening their belts”. To do this, “we have to stop doing what has been done so far” and “we have to manage the municipal heritage well to make the most of it”.

In his opinion, “it will be necessary to be responsible and coherent when raising the revenue via taxes” and “we will have to make a cut of 20 percent of current spending”.

In short, “we have to be very careful with spending and go to other administrations” because in recent years “the state and regional administration have not collaborated with the city as they had been doing”.

2011 Budget

The new government team emerged after the resignation of Miguel Ferrer because of his departure from the Aragonese Party and the assumption of the municipality by the Popular Party – the most voted list in the last elections – works on the budgets for next year which, Predictably, they will be presented in mid-January.

Among the priorities of the consistory for 2011 is to face the payment to suppliers. The intention of Blasco is that in May it is paid “three or four months”, reducing the current term by half.

The mayor has acknowledged that the templates of some of the municipal companies are “oversized” which will lead to adjust them, although “I do not think there will be layoffs, but we will have to adjust a lot to the people and if there is a specific position, we will finish with some interinities. ”

Next year there will be few investments in the city and “the corporation that comes out of the polls in May,” he said in relation to the municipal elections of May 2011, will have it as complicated as we have now.

In this sense, he has argued that the Government of Aragon and that of Spain “will have to adjust, banks will be very restrictive when lending money to entities that are heavily indebted” and “we have a Financial Sanement Plan”, so, “the next five years are going to be few works,” said Blasco.

The deputy mayor and councilor of Economy of the City of Teruel, Emma Buj, said that “if the City of Teruel were a family would be evicted and if it were a company would be in bankruptcy,” but “fortunately the City is a institution and that will not happen. ”

Buj has commented that although “we have painted a black picture”, he is “optimistic” and “I would like to think that this is a point and a point”. In this regard, has indicated that “we have reached this debt, we have bottomed and from today the City will begin to improve these data.”

For Buj, “crises are an opportunity, they will be times of hard adjustments, but when we get out of this the locals will have a more efficient City Council”.