Costa Blanca News: Finally an end to debt in Pedreguer

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FRESH START: Pedreguer begins 2020 with no debt

PEDREGUER Town Hall approved the accounts for 2020, with a surplus from 2019. For the seventh consecutive year, the institution has ended the year with liquidity and was able to pay suppliers in less than a month.

The plenary session also unanimously approved the layout of the Coast Train parallel to the AP-7 motorway, the so-called 3A. The budget presented by the Compromis government team was approved, but saw the abstention of PP and both PSOE AND CUP voted against the proposal.

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In total, the financial plan garners €7.64 million, 12.3 per cent less than the budget in 2019. This is partly due to the loss of the €147,000 income from the tolls, a fact that the Mayor insists will not affect services. However, for the first time in many years, municipal debt on December 31 stood at €0. In 2011, debt stood at €4.49 million and in December 2016, approximately €2 million was still owed.

Sergi Ferrús, Mayor and Councillor for Finance, expressed his commitment to offer collection and cleaning services of the 21st century. He added that despite the budget decrease for the sector, the Town Hall would maintain quality services without raising taxes.





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