- The Municipal Council will certainly liquidate, in May, the municipal duty due to the liquid Treasury surplus obtained after the liquidation of the 2024 Budget, resulting in 41,238,222.83, of which 11,805,635.37 will be used to settle the local Council’s bank debt.
- Payment of the debt also implies saving the municipal coffers €542,019.61 in interest.
- «We promised in 2015, when we came to this Municipal Council, to reduce the debt and update payment to suppliers after the disaster.
«This government has fulfilled its commitment to eliminate the debt of the Municipal Council and the entire city,» announced Mayor Antonio Rodríguez Osuna in a press conference accompanied by Treasury delegate Carmen Yañez and municipal spokesperson Julio César César.
The local administration successfully clears the Municipal Council’s debt after «We found ourselves in 2015, with over 77 million economic holes, with consortia and sponsorships unpaid even over 160 days to provide suppliers,» said the mayor. Some data «that support the rigorous control of municipal accounts,» explained Rodríguez Osuna, who announced that the Municipal Council completed the 2024 exercise with a positive treasury surplus of 41,238,222.83, of which 11,805,635.37 will serve to settle the local bank debt.
As Mérid explained, «the economic surplus was achieved by Eliminating loans and debts.«
Rodríguez Osuna reiterated, «I promised in 2015, when we came to this municipal council, to Reduce supplier debts and update payments in accordance with the disastrous economic situation we found, with unpaid invoices, uncontracted files, and worst of all, months of non-payment, which harmed the suppliers,» he said.
The accumulated debt from 2015 exceeded 77 million euros. «And We managed to reduce the debt, improve the accounts of the local council, and fulfill Mérida’s electoral program commitment with the goal of reducing the debt to zero,»
«An achievement that was accomplished without losing sight of the goals of the governing team in which People are a priority, creating jobs not only publicly but also by working with businesses, social policies, supporting tourism, hospitality, and commerce that provide stability to sectors that stimulate the city’s economy,» said Osuna.
«We no longer owe suppliers, employers, or consortia and have depreciated in the 10 years of government with over 77 million euros in debt,» he stated.
Rigorous financial management
The Municipal Council will indeed liquidate, in May, the municipal duty due to the liquid Treasury surplus obtained after the liquidation of the 2024 Budget, resulting in 41,238,222.83, of which 11,805,635.37 will be used to settle the local Council’s bank debt.
This liquid surplus is the result of «impeccable financial management by the Municipal Council.» Payment of the debt also implies saving the municipal coffers €542,019.61 in interest.
Now, it is important to set aside the plan to adjust the budget that ended in 2032 and, due to «excellent financial management, we can begin to resolve it this year 2025, 7 years before its completion, giving more momentum to this Municipal Council to continue transforming the city and the lives of the residents.» The exit from the adjustment plan will be requested during the year and it will be the ministry, which participates in municipal regulations and data, that will decide whether to take the Mérida City Council off this account.
In the following days, the projects that will be financed with the remaining liquid from the previous Treasury technical study will be studied by each of the municipal delegations and will be reviewed in the plenary session. «We uphold our rule on financial expenses and stability, and the local council saves €542,019.61 in interest by paying off the debt,» Rodríguez Osuna reminds.
Execution of projects due to management
The mayor announced that the destination and projects to be executed will be specified and determined due to the economic surplus. The projects will «continue to transform the city and align with a clear project we have for Mérida.»
«The transformation of Mérida is real, and citizens should know that it is due to the best financial management of the Municipal Council in its history,» emphasized Rodríguez Osuna, who wanted to emphasize that this situation «was made possible by improving collection mechanisms and increasing industrial activities, all Without raising taxes since 2015.»
Antonio Rodríguez Osuna: