Marbella is one of the region’s most indebted towns.

Marbella is one of the region’s most indebted towns. The present local authority inherited a municipal debt that ran into the hundreds of millions of euros. Due to alleged corruption of previous administrations, Marbella did not reap all the potential financial benefits of the property boom. Yet the town’s Mayor, Ángeles Muñoz, announced in September last year that tax rises were not inevitable. In fact, the town hall confirmed it will freeze resident taxes this year and increase by thirty per cent investment in social welfare policies.
Ángeles Muñoz believes “that Marbella has changed a situation of absolutely abnormality in recent years to a situation that is the benchmark of normality and an example of good management.”
Óscar Fernández, Councillor and Secretary of the Municipal Socialist Group in the town hall recognises that the debt is one of the biggest issues facing Marbella. “Just like a business, to achieve debt reduction we need to reduce costs and increase revenue.” At a time of economic slowdown this is clearly a challenge, but Óscar believes it can be achieved through increasing the effectiveness of tax collection, so everyone pays their share of the community’s expenditure, and by reducing costs by “systematically analysing all the costs of the town hall and eliminating, simplifying and reducing all that is possible.”:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.

You Might Also Like :