The City of León, the second in Spain with more debt per capita


The City of León, the second in Spain with more debt per capita

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The cities of Alcorcón (Madrid), León, Madrid, Zaragoza and Parla (Madrid) are the ones with the highest debt per capita, according to the 2015 Local Public Sector Audit Report, the last approved by the Court of Auditors.

Specifically, within this group of municipalities with more than 100,000 inhabitants, Alcorcón has a debt of 2,166 euros per capita, followed by León, with 1,848 euros, and Madrid, with 1,715 euros.

The zaragozanos, meanwhile, drag a debt of 1,471 euros per person, and 1,434 euros each of the inhabitants of Parla.

Even so, the solvency of the municipalities and other local entities ended 2015 in a “positive” situation, a trend that began in 2012, and recorded a balance of 2,714 million euros. The indebtedness of all of them was reduced by 6% with respect to 2014, which has stood at 26,481 million euros.

From the Spanish Federation of Municipalities and Provinces (FEMP) attributed these results to good management by local entities, which have closed their exercises with surplus since 2012 and has exceeded 7,000 million euros in 2016, 0.64 % of gross domestic product (GDP), according to data from this entity.

Despite this evolution in recent years, municipalities such as Madrid, the city that registered the highest debt in absolute terms, reached in 2015 a debt of 5,390 million euros.

It is followed by Barcelona, ​​with 1,338 million, and an indebtedness per inhabitant of 834 euros, almost the least of all the cities. Only Seville has one debt per lower person, 674 euros.

Among the five cities with more debt are Zaragoza, with 978 million; Valencia, 868 million, which means 1,105 euros per inhabitant; and Malaga, 515 million, and 905 euros per inhabitant.

Below these cities, in the group of municipalities with less than 100,000 inhabitants, there are also municipalities with large debts of more than 150 million euros. Among them El Ejido (Almería) stands out, with 193.8 million of debt, a total of 2,254 euros per inhabitant.

But the highest per capita indebtedness is concentrated in lower sections of population, with cases such as Monasterio de la Sierra (Burgos), with 48 people in its census and an expense of 8.530 euros each, or Puebla de la Sierra (Madrid), with 7,761 euros of expenses for each of its 73 inhabitants.

According to the Court of Auditors in its report, a greater indebtedness of the municipalities in absolute terms does not correspond to a greater debt per inhabitant, and it is the small municipalities, of less than 5,000 people, that bear a greater burden if it is distributed among its citizens.

In this sense, the FEMP insists on the need for new local financing to alleviate the difficulties suffered by both large and medium-sized cities and small municipalities, and awaits the start of negotiations in the near future, after having sent the Government a report from the group of experts before summer

Apart from the city councils, the 2015 Local Public Sector Audit Report reflects that other local entities also carry a high debt.

This is the case of the Provincial Council of Valencia, the provincial entity with the highest indebtedness in 2015, a total of 323 million euros. The next most indebted deputation in Barcelona, ​​with 291 million euros.

The Diputación de Huelva is the one with the highest debt to current income ratio, since its debt of 144 million represents 115% of the money that enters its coffers.

As for councils and island councils, the largest indebtedness corresponded to the Cabildo de Tenerife, with 293 million euros.

In addition, the Metropolitan Area of ​​Barcelona, ​​with 187 million of debt in 2015, was the only group of municipalities with a debt exceeding 12.4 million euros. EFE