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Maspalomas 24h | Newspaper of Maspalomas and Southern Gran Canaria
Tirajana: the municipal default rate with suppliers worsens

Tirajana: the municipal default rate with suppliers worsens

Yurena Vega Friday, February 16, 2024

The gap in the Average Payment Period to Suppliers (PMP) of the San Bartolomé de Tirajana City Council widens, which has gone from 167 to 180 days at the end of 2023 when the legal limit of 30 days, according to the data managed by the Municipal Intervention those that Maspalomas24H has had access to. Possibly due to the 2023 holiday calendar and change of local powers. The average payment period is defined as the days it takes on average for a company to pay suppliers. In silver: the figure for the Average Monthly Payment Period of the Cabildo de Gran Canaria is 8,6 days but this has nuances: public entities may have other mechanics.

This increase in municipal delinquency occurs when the collection management of this council is at 91,4%, when Law 3/1999 requires it to be greater than 75%; the fiscal effort is 105,8% when it is requested to be higher than 73,25%; The net savings is 15,2% even though it is only required to exceed 6%; long-term debt is 0,0% when it is required to be below 70% and, finally, the Treasury remainder rises to 295,5% when the Law only determines that it must exceed 1% of the Budget.

Especially significant is the case of Local Entities, where the Global PMP relative to the Local Corporation Subsector reaches 28,85 days, placing it below 30 days for the first time in the historical series. Specifically, this represents an improvement of nine days compared to the figure for the same quarter of the previous year. But in the south of Gran Canaria this is another world.

Tirajana has a surplus of 17 million euros and a figure of 6 million euros in invoices pending payment. The above means that San Bartolomé de Tirajana generates income worth 96 million euros and has expenses of 79 million euros. Social spending per inhabitant has stood at 2021 euros in 762 when the Spanish national average is 558 euros and that of the Canary Islands is 416 euros. The spending in 2016 with AV-PP was when Tirajana recorded record spending per inhabitant: 1.014 euros when the average for the State was 499 euros and that of the islands was 489 euros per inhabitant.

 

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