Portal de Caravaca de la Cruz
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The global head of finance in the Consistory caravaqueño announced late January that the state began to drastically cut transfers Municipal Partnership Fund.
"In particular, it will be nine million pesetas which leave to enter each month to the City of their participation in state revenues, which translates into 623,000 euros less in 2010."
"The City Council will have less state to maintain the services provided to caravaqueños" said Salvador Gomez, who has claimed the necessary reform of local financing system "repeatedly announced by the central government and so far never addressed. "
"This reduction, coupled with lack of initiative of the Government of Spain to resolve the economic crisis is leading to local governments to an unsustainable situation," he concluded.
Source: Ayuntamiento de Caravaca de la Cruz
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