The Provincial Council establishes a fund of four million for municipalities to

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The Provincial Council of Ciudad Real, in its desire to favor the town councils of the province with the aim of providing greater and better services to their neighbors, has made a financial fund available to all towns, endowed with 4 million euros, so that they repair damages caused by Filomena, develop investment projects, acquire real estate and fixed assets and carry out works of municipal interest affecting public use or service.


Another important economic sum from remnants mobilized by the provincial institution at the initiative of its president, José Manuel Caballero, who has Indonesia Email List highlighted the advantageous conditions with which the municipalities can access the fund, since there are no interest costs, so attending is not It is burdensome for municipal coffers. What's more, a grace period has been set and a period of ten years has been set to repay the advanced amount.

According to Caballero, the idea is that the town councils have liquidity in the form of repayable advances as long as they have delegated the collection of their taxes to the provincial institution, since they are granted on account of the resources that the local entities must receive. of the province of Ciudad Real for the collection of its public law income.

This is stipulated in the presidential decree made public in the Official Gazette of the Province (BOP) of July 29, in which it is also stated that the reimbursement of the amounts will be made through the ordinary bimonthly advances regulated in the respective management, settlement, inspection and tax collection agreements.



Refundable advances represent the possibility for town councils to undertake the development of projects and works that they would not be able to carry out if it were not for the Provincial Council guaranteeing the arrival of resources at zero cost, especially if they are small towns. Therefore, the creation and management of an Extraordinary Financial Fund of Refundable Advances to local entities in the province of Ciudad Real represents for many towns the possibility of being able to face and develop projects that are not addressed and remain on hold due to lack of liquidity.

One more action that is added to other similar ones that have been launched by the Provincial Council and that have been used by a good number of city councils in order to make actions that they consider necessary for their towns to progress a reality.