The Finance Department of the Tacoronte City Council continues to achieve very positive economic results in these initial months of the current term. The department led by Eduardo Dávila has managed to decrease the payment time by 165 days to vendors of the Council, with the average payment period during the first quarter of this fiscal year standing at 85.29 days.
The current Government group began its work at the helm of the local Administration with an average payment period of 250.97 days, a situation that has managed to be addressed “thanks to the reactivation policies that we have undertaken, focusing all our efforts on meeting outstanding obligations to settle, updating municipal accounts and generating certainty and trust among the network of suppliers in our environment,” says Dávila.
The historical data on the average payment period of the City Council confirms the positive evolution since last summer, after a term 2019/2023 marked by a continuous increase in waiting days to meet invoice payments (133 days in 2020; 156 days in 2021, and 230 days in 2022). In the middle of the last fiscal year 2023, the highest accumulation of days was reached, “an unsustainable reality that we have managed to rectify with responsibility, tightening our belts and designing a new roadmap, far from improvisation and disorder,” points out the Finance councillor.
“Although we celebrate this very significant reduction, we are aware that there is still work to be done to position ourselves below the 60 natural day limit set by law, the maximum deadline to receive, confirm, and pay the committed amounts,” adds.
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In the plenary session of this Thursday 2nd May, all members of the Municipal Corporation were informed of the average payment period resulting from the first three months of the 2024 fiscal year.
