San Fulgencio Town Hall debt....

The assertion is that (CBN July 8-14) that the previous PSOE/APSFU council in San Fulgencio had left a disproportionate debt of 8,000,000 Euros. With a population of around 12,000, this would equate to a per capita debt of approximately 667 Euros. As of December 31st 2010, the national average debt per capita for a Town Hall in Spain is 616.65 Euros. In fact, for San Fulgencio, the corresponding figure was 232.02! This gives a total debt for San Fulgencio 2010 of 2,690,000 Euros, which is a substantial reduction from the 2009 figure of 3,398,000 Euros.

Either the previous administration went mad in the run-up to the May election - in which case the PP governing councillors should be demanding an immediate and full judicial public enquiry, or, the assertion made by a certain local PP councillor is, shall we say, mistaken?

Could the newly elected PP councillor be trying to divert attention away from the allegations of 'nepotism', or the fact that a certain new Scottish councillor (reported as not drawing a salary) will in fact receive 'financial compensation' to the tune of 650€ per meeting of the government team, usually four each month, (Información newspaper July 12, 2011).

There is a difference of some 5,310,000 Euros between the actual debt for December 2010 and the amount alleged by the PP councillor. It is incumbent upon him to account for this difference.

To put the debt situation into perspective: The law permits local councils to have a debt loading of 120% on their current account - and many councils run close to this figure.

Under the previous administration, San Fulgencio's debt loading at the end of 2010 was 18.32%, which one of the lowest in the country.