Each of the 3,065 residents of the municipality of Valencia at the end of 2021 fenced off there was one 9.122 euro debt. Not yours, your council. The consulate, located approximately 90 kilometers from the autonomous capital, has been recurring among the most indebted per capita Spain. Another of a brick era whose history is filled with expropriated lands and pharaonic projects that emptied the public coffers and increased debt. PP Mayor Fernando Giner First, he wanted to build a naval complex in this inland city, which he later turned into a logistics and trade park. Valpark was “a safe bet” and “meaty benefitssaid. The 2008 crisis left Vallada with more than one million square meters of expropriated land with no buyers.
Inside 2015Giner lost the mayorship that his party held for a quarter of a century. Turnout was very high and the PSOE won the absolute majority it held in the last election of 2019. This was the punishment of an administration that put Valladinos in debt. Mayor, Maria Jose Tortosa focused its efforts on easing the red numbers and clearing the wasteland that will one day become a business park. Two legislatures later seem to have accomplished one of two things: land was redistributed and land was redistributed. valpark It is back in operation, but Vallada remains the municipality with the highest per capita debt in Spain.
Despite the fact that the debt of local institutions as a whole increased for the first time in a decade (from 21,945 million euros to 22,068)It was the county councils, assemblies and island councils that challenged the data, not the city councils. The outstanding debt of the latter — payments pending redemption and the interest they generate — amounted to 17,324 million euros in 2021. The figure peaked in 2012, when it reached 35,290 million euros. The bubble burst and liabilities fell and it hasn’t stopped ever since, even in times of pandemic. The Budget Stability and Fiscal Sustainability Act, passed in 2014, helped, forcing consulates to over-allocate to pay off their debt. In fact, the largest decline occurred between 2013 and 2014.
Of the 8,131 municipalities in Spain, there are 4,814. 60%, those who close 2021 without financial debt. However, on the other side of the table, there are those who have not finished their calculations like Vallada.
Historical debts that continue to grow
The second municipality with the highest debt per capita, 7,692 euros per person, It has a similar story. razor bladeinside Castellonhas been dragging him for ten years. But with a registered population of 750, its population quadruples when summer tourism arrives. in administration until 2015 pp. Mayor Jose Vicente Torres, He was removed from militancy while being investigated for lying and resigned shortly before the elections. Their construction in the heat of the Valencian bricks and a debt that only served to grow gave him strength at last. ‘Alternative to Knives’He won again in 2019. None of this has prevented him from continuing in the highest per capita indebted positions in municipalities in Spain. Until 2022, the consulate received grants from the regional government to redeem pending payments.
The bronze medal goes to the municipality of Cadiz, Los Barrios. They 23,983 neighbors they owe an average of 7,320 euros. total debt 175.5 million €a figure similar to 176.3 million from Cordoba, It has 13 times more population. In the consulate, where debts have accumulated, there are several cases of corruption in the middle and long stage of the socialists. Many of the publicly traded companies went bankrupt due to alleged irregularities; including two former mayors who administer municipal taxes. PSOE as consultants. There are also legal proceedings pending from urban agreements from years ago. When the Socialists lost the city council in 2011, it was inherited by the mayor. Andalusian Party, Jorge Romero, after an agreement with PP. Romero re-emerged as number three on the 100×100 chart in 2019. neighborhoods. But the condition they put citizens Supporting the 100×100 and the PP government was Romero’s disappearance from the equation. “This town has 300 years of history and it will take almost 300 more years to pay off its debt,” the current councilor said. Miguel Alconchel in an interview with the Voice of Cádiz.
Madrid: highest debt but also most populous
Almost all of the 17,324 million debts the councils have accumulated 10% corresponds to only one. HE city of Madrid It has a debt of 1,679 million euros: this is the highest figure, but it is also the most populated municipality. PP’s historic stronghold is a strong point during the campaign Manuela Karmena Those who took over the mayorship in 2015 were promised to reduce their debt, which was close to 6 billion euros in 2014. Like him, the so-called “change mayors” – brands affiliated with Podemos and winning in some of the most important elections in the world. Spain— They focused a large part of their administration on clearing accounts that made frequent headlines in the newspapers. Now the capital is once again in the hands of the PP, and the mayor, José Luis Martínez Almeida, is flattered for continuing this path of depreciation. However, the 2022 closing data you already have Cybele raise the debt 1.738 millionassuming that it will grow rather than decline for the first time in ten years.
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The other largest financial debt is Jerez de la Fronteraand the number of residents doesn’t help to explain it. With 918.4 million Despite being eight times less populated than the Catalan capital, 118 million euros more than in 2020 even surpasses Barcelona (817.5). Cádiz city council’s obligations have increased since 2015 as it continues to require lines of credit from the management fund to pay bills to suppliers, refinance loans or face court orders. Here are some reasons that sound common among municipalities accumulating more debt.
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