The municipality of Mijas is in a favorable financial position after reducing its average supplier payment period to 27.46 days, a figure nearly three days below the legal limit and the best recorded since January 2018. This improvement enables the City Council to allocate its Treasury surplus to financially sustainable investments (IFS).
IFS are a tool that allows public administrations to use their surplus or budgetary remainder to finance long-term public works and services. These investments aim to enhance social well-being and the environment without increasing debt. Compliance with the average payment period is a key requirement for accessing this modality, along with other financial metrics that the Mijas Council already meets.
Projects that could benefit from this system include initiatives related to housing, improvements to public roads, the development of parks and gardens, primary social assistance, transportation, and sports facilities. The mayor, Ana Mata, highlighted the importance of these projects, specifically mentioning the elderly care residence as an initiative now feasible due to regulatory compliance.
The achievement of these results is attributed to the implementation of measures such as the Budgetary Management Body, electronic administration, the Municipal Organic Regulation (ROM), and the Anti-Fraud Plan. According to the mayor, these accomplishments increase the confidence of companies, SMEs, and self-employed individuals, contrasting with the economic management of previous mandates.
Furthermore, compliance with the law avoids the need for a Financial Economic Plan. The current government team has also significantly reduced the use of minor contracts, prioritizing regulated bidding. A comparison was made between the 774 minor contracts from the 2019-2023 period and the 198 registered to date by the current administration.
The Councilor for Economy and Finance, Mario Bravo, emphasized the efforts of the Mijas City Council staff in reaching this milestone, which places the municipality below the legal limit of 30 days established by the Law on Budgetary Stability and Financial Sustainability since 2012.
