Wednesday, October 8, 2008

Mojacar council approves budget

    The annual budget for this year for the ayuntamiento of Mojacar has been officially approved and published in the provincial Boletin Oficial. The municipality's budget for the year comes to 12,106,855 euros. The council's workforce is the greatest demand on its budget, costing just over four million euros, followed by planned spending on infrastructure, buildings, municipal installations, etc. which comes to a little under four million euros. The cost of maintenance in the town is to cost around 3.3 million euros.

    Income comes principally from direct taxation (for example the IBI - what we like to think of as the rates) which will result in 4.8 million euros and indirect taxes which come to 1.2 million euros. The council anticipates receiving around a million euros from the provincial and regional governments and plans to raise almost half a million from the disposal of council assets (presumably land).

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