Among the parameters highlighted by the municipal government is net saving, which reaches 13.7%, the minimum threshold being higher than 6%; the long-term indebtedness indicator, located at 0.0%, when it should not exceed 70%, and the cash balance for general expenses, which stands at 150.8%, when it is established that it must be higher at 1%.
What’s more, the management audit of the Canarian Municipal Financing Fund reflects that the Ariquero Consistory complies with the conditions of freely available amount: the tax collection management conditioner with 92.5%, when a minimum of 75% is required for this year, and the fiscal effort conditioner with 92.5%, when a limit of not less than 72.93% is indicated. All this will mean that the Arico City Council will be able to allocate 50% of the amount corresponding to the Canarian Municipal Financing Fund for the year 2021 for investment.
The councilor for the Treasury, Víctor García, pointed out the improvement that the municipality’s economy has experienced “since the government group took office.” He also referred to the fact that this management has been validated by the Government of the Canary Islands. From his perspective, «this audit shows that the work that has been done in recent months from the Department of Finance has been very positive for the financial health of the City Council, we meet the net savings, we do not have debt, we increase the balance of the treasury, we comply with the collection management and with the indicator of fiscal efforts “. In this context, Víctor García reveals that “Arico lives with economic health as he had never been before.”
In the same plenary session that took place yesterday, the Ariquera Corporation agreed to extend the contract for the supply of electricity to both municipal facilities and public lighting. The beneficiary company is Gas Natural. The extension of this contract for a period of one year was approved by having the corresponding previous study prepared by the Services area. The objective is “to guarantee the electricity supply in an adequate way,” according to the municipal government.