SANTA CRUZ DE TENERIFE, Oct 21 (EUROPA PRESS) –
The Canary Islands Governing Council approved this Thursday a decree modifying the distribution bases of the resources of the Canary Islands Financing Block (BFC) on the island of Fuerteventura.
The modification, unanimously requested by the Island Council and city councils, consists of reducing the current distribution criterion by population, which goes from 90% to 87.5%; the elimination of the ‘school units’ criterion and the articulation of a new one, the ‘municipal fact’, which will distribute 10.5% of resources equitably among all municipalities (1.75% for each one).
In addition, the surface criterion remains unchanged, with 2%. The new criteria will be applied with effect from January 1 of this year.
The Canary Islands Financing Block is made up of the IGIC, the AIEM and the Registration Tax.
The collection obtained from these taxes is distributed between the Government of the Canary Islands and local corporations (councils and town halls) at a rate of 42% and 58%, respectively.
Half of the resources assigned to the island correspond to each council, while the other half is distributed among the municipalities.
It is precisely the councils and city councils that set their own criteria for this distribution.
According to the new calculation, this year’s distribution is as follows: Antigua, 2.26 million (+ 10.6%); Betancuria, 0.47 million (+ 232.5%); La Oliva, 4.33 million (-2.21); Pájara, 3.49 million (-0.24%); Puerto del Rosario, 6.40 million (-6.55%) and Tuineje, 2.64 million (+ 0.47%).
