Council Budgets for 2012 Torrijos Mayor Presents City Budget For 2012 Toledo, Spain, January 05,

2013 - Both the mayor of the municipality, D. Juan Jo s Gmez-Hidalgo, and the area councilor delegated Treasury, Cayetana Gonzalez, pres ented the budget that will be taken to the full City Council Torrijos, amounting to 8,455,700 euros the amount of which is has been reduced by 12.86% compared t o 2011. It is a tight budget to reality with incomes well below the usual or pre vious years, which has led to municipalize services such as cleaning buildings, privatize service recycling center, work on a Savings Plan and Energy Efficiency important and have been taken into account that the agreements with the Regiona l Government of Castilla-La Mancha are not similar to those of other years and m ust accommodate the real income of the regional administration. Despite budget cuts, the City of Torrijos received central government approval t o perform the Adjustment Plan worth 792,000, so you have to be more frugal in sp ending due to new borrowings to which has failed to pay the outstanding invoices dated December 31, 2011, and the mayor said "the council is up to date in payme nts to providers." According to the mayor, the budget is the result of much work that has been done due to the inability of municipalities to run deficits. The recent budgetary st ability law requires municipal managers not to run deficits thus can not spend m ore than what is entered. The budget is larger staff where you will spend a large percentage, 4,255,090. A s a sign of budget adjustments in Leisure and Recreation items are reduced by 76 ,000 less than last year, 314,000 invested in celebrations in 2011 will move to 238,000 this year and Cultural Promotion from 52,000 to 30,000. Other important facts to consider are that the city this year paid 48,000 for the construction o f the 240,000 budgeted last year, representing a decrease of 80%. Torrijos mayor define the budget for the year 2012 as "a budget attached to real ity, to responsible and adapted to current regulations." Gmez-Hidalgo took the op portunity to charge the Torrijos PSOE opposition criticized remembering that at the time the increase in the provision for staff from 42% to nearly 50% today, s omething that the mayor is of joy. Contact: Media Relations Media Relations Value-Optimized Solutions, Inc. 441 Santaluz Path Austin, TX 78732 208-585-7344 mediarelations_prl@vos-us.com http://www.vos-us.com/