Post by account_disabled on Mar 16, 2024 0:27:53 GMT -5
The opposition has defeated the Government by rejecting the validation of the royal decree on the remainders of the City Councils accumulated in the banks after years of surpluses. The “rebellion” of the mayors has had an effect in political terms. Another different question is how this rejection affects citizens as a whole. After Congress has overturned the RDL, the Executive will not be able to use the , million “unavailable” of the municipalities, provincial councils and island councils of the Balearic Islands, who in turn lose participation in the , million fund offered and the differential of the -% interest charged by the banks - about million, according to the General Directorate of the Treasury - and +% on the -year loan on the -year loan.
At Gestha we already estimate that the proposal of the mayors to distribute the , million fund proportionally to the resident population in each local entity, and not in accordance with the already rejected loan of the remainder, would harm the Spanish municipalities more of million , which would receive % less, and that these amounts would be allocated to the provincial councils and the island councils of the AOL Email List Balearic Islands , which would increase their participation by million, % more. Any change in criteria in the distribution of this fund would have benefited some local entities while harming others, as it was a “zero-sum” distribution. Political parties should approach positions to finance in the most effective way the enormous public spending required to support families, companies and economic sectors after the ravages of the pandemic. With the proposal of the dissatisfied mayors, Barcelona City Council would have benefited the most, earning almost million of what it would have been entitled to for lending all of its remainders.
At the bottom of the ranking, among the most affected City Councils, Madrid stands out , which would lose more than million with the proposal signed by its mayor. In any case, despite the defeat of the Government's formula to use the local surplus, municipalities will continue to collect payments on account of municipal financing for , despite the drop in tax collection due to the health crisis. But the loss of income from municipal taxes and public transportation fares will predictably cause them to incur a budget deficit, which will force them to present an adjustment plan for next year; It is another consequence of the RDL not having prospered. In short, aside from the broad-stroke speeches, the transfer of the remainder would have allowed the entity to freely decide.
At Gestha we already estimate that the proposal of the mayors to distribute the , million fund proportionally to the resident population in each local entity, and not in accordance with the already rejected loan of the remainder, would harm the Spanish municipalities more of million , which would receive % less, and that these amounts would be allocated to the provincial councils and the island councils of the AOL Email List Balearic Islands , which would increase their participation by million, % more. Any change in criteria in the distribution of this fund would have benefited some local entities while harming others, as it was a “zero-sum” distribution. Political parties should approach positions to finance in the most effective way the enormous public spending required to support families, companies and economic sectors after the ravages of the pandemic. With the proposal of the dissatisfied mayors, Barcelona City Council would have benefited the most, earning almost million of what it would have been entitled to for lending all of its remainders.
At the bottom of the ranking, among the most affected City Councils, Madrid stands out , which would lose more than million with the proposal signed by its mayor. In any case, despite the defeat of the Government's formula to use the local surplus, municipalities will continue to collect payments on account of municipal financing for , despite the drop in tax collection due to the health crisis. But the loss of income from municipal taxes and public transportation fares will predictably cause them to incur a budget deficit, which will force them to present an adjustment plan for next year; It is another consequence of the RDL not having prospered. In short, aside from the broad-stroke speeches, the transfer of the remainder would have allowed the entity to freely decide.