Monday, April 15, 2024, 00:06
The Independent Authority for Fiscal Responsibility (AIReF) predicts that all municipalities in Spain with more than 250,000 inhabitants will have a surplus this year. In the case of the Murcian capital, this organization expects a remainder percentage of up to 7.8%. This is clear from the report on the initial budgets of local corporations released by AIReF this week. In it, it foresees a surplus in the 17 municipalities in Spain with more than 250,000 inhabitants, as well as in the three provincial councils of the Basque Country, the councils of Barcelona, Valencia and Seville, the Cabildo of Tenerife and the Consell de Mallorca. The average of these 25 local corporations is a surplus of 1,179 million euros, which translates into 4.2% of non-financial income. In this context, the three town councils with the highest percentage of remnants are Málaga (18.8%), L'Hospitalet de Llobregat (13%) and Seville (11.8%).
Financing capacity
Regarding the two largest cities in Spain, Madrid will have a surplus of 182 million euros, which represents 3%. Barcelona City Council, for its part, will accumulate remainders worth 166 million, 4.8%, according to the forecasts of the Independent Authority for Fiscal Responsibility.
Likewise, the report also talks about the financing capacity or need of these local corporations at the end of 2023, stating that there were six entities, including the Murcia City Council, that had a deficit in the previous year. These six corporations with a deficit at the end of 2023 were the Valladolid City Council (-7.2%); that of Murcia (-4.9%); that of Córdoba (-4.5%); the Bilbao City Council and the Vizcaya Provincial Council (-3.7%) and the Barcelona City Council, with a deficit of one million euros.
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