The Local Government Board approves a credit modification worth 1,127,591 euros

The Local Government Board approved this morning a modification of credits to the 2025 Budget of the Torrevieja City Council, amounting to 1,127,591 euros, with the aim of providing budgetary support for the positions created through the modifications to the Job List (RPT) number 5/2024.
and 1/2025, processed after the initial approval of the budget for the current fiscal year.

The Councilor for Economy and Finance, Domingo Paredes, reports that this modification also includes the allocation of a budget application for the early repayment of the investment loan corresponding to the year 2024, signed with the Banco de Sabadell entity, which will allow the level of financial indebtedness to be reduced.
of the City Council and generate significant savings in interest payments.

INCORPORATION OF NEW PLACES

The budget amendment approved by today's General Assembly includes funding for new staff positions, structured in various municipal areas, based on the needs identified in the aforementioned RPTs.

These places are distributed as follows:

Mobility and Traffic Area:

-20 Mobility Agent positions
-1 Mobility Supervisor position
Social Services Area:
-3 Psychologist positions
-5 Social Worker positions
-3 Social Educator positions
-5 positions for Social Integration Technician

Sports Area:

-1 Higher Technician in Economic-Sports Management
-2 Sports Assistant Technicians

Computer Science and Innovation Area:

-1 Higher Technician in ICT Networks and Systems
-1 General Administration Intermediate Technician
-1 Medium Technician in Computer Science
-1 Web Application Development Technician

Other areas and services:

-1 Civil Engineer
-1 General Administration Technician
-2 General Administration Middle Technicians
-1 Administrative for the Contracting Board
-1 Administrative for the Internal Audit Board
-1 Administrative
-1 Intercultural Mediator

General Directorate:

-1 position for Director General of Internal Affairs

Domingo Paredes indicates that these new additions represent a clear commitment by the Government team to strengthen municipal staff in key areas such as Social Services, Mobility, Innovation and Administrative Management, thus improving the City Council's capacity to meet citizen demands and provide quality services.
higher quality public services.

EARLY LOAN AMORTIZATION

Along with the provision of new spaces, the credit modification includes a specific budget allocation to repay early the investment loan formalized in 2024 with Banco Sabadell.

This amortization will reduce the City Council's debt level and represent a significant saving in interest payable, as only the interest accrued up to the cancellation date will be paid. It will be financed entirely with cash surpluses for general expenses.

FINANCING OF THE BUDGET MODIFICATION

The Councilor for Economy and Finance stated that this modification does not imply an increase in overall spending, as it has been financed through reductions in other budgetary allocations. First, by eliminating credits corresponding to amortized positions in RPT 5/2024 and 1/2025; and second, by reducing the credit initially planned for the payment of interest on the loan to be amortized, thus adjusting spending to the new financial reality following its early repayment.

Finally, Domingo Paredes emphasized that this modification reflects responsible financial management, as it allows for the consolidation of structural spending with a significant improvement in staffing, while also reducing the financial burden of municipal debt.