The president of the Provincial Delegation of Córdoba, Salvador Fuentes, signed the decree to open the administrative file for the conclusion of a treasury operation with the aim of guaranteeing compliance with the commitment of the Provincial Delegation of Córdoba, to through the Institute of Cooperation with the local Treasury, anticipate 80% of the collection to the 77 Town Halls which have delegated the management of taxes and the collection of their public revenues to this provincial entity.
Thus, as indicated by the provincial institution in a note, it is planned to negotiate with financial entities “a cash operation for 2025 in the amount of 91 million eurosin order to cover a large part of the advances to be granted that year. To this amount must be added 35 million euros contributed by the Provincial Council from its own funds, so that the total amount which will be advanced to the municipalities will exceed the 126 million euros.
In this sense, the president underlined “the importance of this important step for the municipalities of the province” with a measure that “will allow them to carry out the execution of their respective budgets in optimal cash flow conditions. In this way, municipalities “must not delay the implementation of the various social, cultural, sporting or employment promotion policies included therein because they lack the necessary cash flow throughout the year , which results in a notable improvement in their autonomy and finances. smugness,” insisted Fuentes.
Finally, the highest representative of the provincial institution highlighted that “the Provincial Delegation of Córdoba, through the Institute of Cooperation with the Local Treasury, makes available to the municipalities of the province ongoing technical support throughout the year in the management, control, settlement and collection of its income, as well as in advising on matters of orders, income, budgets, accounting, personnel management, payroll, relationship building and job evaluation.
