In bank loans, mayors add 520 pesos

In the three years of the 84 local governments, Congress authorized local municipalities to borrow from Hidalgo for a total of 520 million pesos. Pachuca, Huejutla Tulancingo and more localities are due.

A demand for transparency, asked Congress realizes the decrees passed by the House of Representatives Hidalgo for municipalities to acquire bank loans to pay up in 20 years.

The latest borrowings are for the city of Pachuca two appropriations by an estimated 76 million pesos for the municipal cadastre modernization and change of more than 20 000 lights of the city.

From the poorest municipality: Yahualica to bring more resources to the GDP of Hidalgo: Tula, have asked Congress to approve a line of credit for their municipalities.

The document contains 10 decrees of the last three years, where the latter corresponds to the town of Pachuca, which requested a loan of 16 million 555 thousand pesos for the modernization of the cadastre of the town.

According to information, Metztitlán is another municipality that requested a loan of 4 million pesos, "the acquisition of semi-new heavy equipment consisting of: a motor grader, a wheel loader (pailoder), a backhoe, a tractor and D4 a garbage truck, designed for productive public investment that will allow the construction, expansion and rehabilitation of various works. "

In 2009, the municipality of Tasquillo acquired a credit for two and a half million pesos, "without exceeding the constitutional term of office administration, credit resources to be invested in the construction, expansion, rehabilitation of various public works, as referred to in Annual Investment Program. "

The town of Juarez Zapotlán requested a loan of three and a half million pesos for the "construction, equipping and operating the site of final disposal of solid waste. This municipality is empowered with their own resources to cover the amounts that result if missing for a whole works or planned acquisitions or otherwise to be left with surplus resources. "

Huejutla of Kings, the municipality borrowed, acquired on loan for 10 million pesos for the purchase of "a heavy-duty industrial sweeper, two trucks equipped with dump body, two trucks with potable water tank, a backhoe and a motor grader. "

The municipality of Emiliano Zapata acquired a debt of two and a half million dollars to complete its investment plan in 2009.

According to the information provided, the credit is larger 370 000 000 476 000 pesos and includes 60 municipalities and the state government acts as guarantor.

Keys


Credits

• Atitalaquia in the Tula region, acquired a debt of eight million pesos to finance and assist the purchase of 20 acres, where he built the Technological Institute of the region.

• Another recent loan is granted by Banobras and authorized by Congress to Pachuca "consisting of the acquisition and installation of fixtures.

• Tulancingo also acquired a loan of 60 million pesos this year to be earmarked for productive public investment and a new City Hall.

Amounts approved

• • • Of the loans authorized by Congress Local Tolcayuca is the municipality that requested the debt with the lowest amount of 711 thousand pesos, in contrast, Huejutla and Tulancingo are most indebted.

The mountain towns are among the most indebted: San Felipe Orizatlán, Tepehuacán Guerrero, Nicolas Flores, Lolotla, Tlahuiltepa, Yahualica, Xochicoatlán Huejutla and exceeded 60 million of debt.

In turn, the head of the Ministry of Finance, Nuvia Mayorga Delgado explained that the loan did manage thanks to the strong position that the state has to the macroeconomics specialist rating.

"This process has been carried out in strict accordance with the law and greater transparency in that involved the relevant financial agents for this operation. Who today is the financial institution that joins us in this operation, which offered the best terms and conditions of market share to the municipalities and the state, "said the official.

The mayors will inherit this debt to the new administration in January next year.


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