"SOME DETAILS (FEW STILL) THE GRIM REALITY"
A while ago we began work with the review of the outstanding issues the Water Service and specifying the plan for today.
The economic situation of the City of Totana is much more complicated and / os neighboring / you should know the details of how they are managed and have managed their money and interest in recent years.
Some data that we meet:
The debt of the City of Totana Treasury to date.
7,600,000 euros.
A sanction imposed by the Treasury Collection 48,390,07 euros for failure to pay a deadline date.
Another nonsense.
Imagine that could make the City with 48 390 euros or the interests of the postponements of Finance for not having paid the withholding workers and officials.
Water Service is a "machine" to shred money and resources, with the lowest performance of its history.
Invoices to Taibilla and accumulated debt today can not pay, since 2011, amounts to 7,888,319.60 euros.
Naturally, Commonwealth Taibilla Channel has us on the blacklist and see how the situation can renewal.
A company of maintenance of public lighting, we owe 208,000 euros billed several months.
I say the previous government, they have not wanted to take to address this issue.
Non agotaros with dizzying figures (which generate interest thereon), I commented an issue with BBVA.
Only a sample of the situation with bank loans that would write a book.
At present, the City of Totana, maintains a debt for loans with BBVA, broken down as follows:
Long-term debt: 13,800,000 euros plus interest due, contracted 6.5% interest, with arrears of more than year and a half.
Short-term debt 1,800,000 euros, by a policy overdrawn several months.
This policy has only been used to pay interest on the principal loans.
That is, the current debt with BBVA, totaling 15,600,000 euros plus interest arrears that would add another 7 figures.
As seems usual and so we demonstrate the responsible Bank, the former mayor and the government team, has refused to meet with them to discuss the solution to this serious problem, "We eat with the feet" as the crowds.
The bleeding worse is the fact the principal loans.
This loan comes from a number of 6 million based renegotiate (tumbling) have become 15,600,000 which could approach 18 in reality, a 6.5% interest you.
A trifle, come on.
When we tried to find the formula to renegotiate and extend this credit Jan l time (about 30 years) and the current interest (around 1%) with consequent savings, I learn to write off the loans to renegotiate, has a penalty, we should pay totaneros / as of 8,700,000 euros (you read right) for a concept of "usury" called "COST BREAKDOWN".
The "brilliant" heads who negotiated this loan, 6.5% interest, included a penalty of 8,700,000 euros is if amortized before the deadline, with the story is not what "derived".
We would be facing a sum much higher (by unpaid interest and costs), only this credit institution, to 24,300,000 euros.
Only capital and cost rupture.
Interest and other expenses.
We can infer, with the few data we collect, that "the bar have made it very high."
Too high, I think.
But we will continue fighting to stabilize this situation.
And still I hear the PP spokesman and former mayor she left money to pay the company's waste and prevent workers' strike.
I could have paid them before leaving and she had avoided the strike say, if both worried about the situation of these families.
And surely they are waiting for some / os staff payroll copper not to blame the current government.
More information:
https://www.facebook.com/jjcanovas/posts/10202930052732600
