Despite Shortfall, City Finance Report Shows Signs of Solvency

The Consistory will be able to extend in 10 years the amortization of 97.5% of the municipal financial debit, which amounts to more than 894 million, and in 20 years if the IBI goes up Thus is the debt of the City of Jerez

Despite Shortfall, City Finance Report Shows Signs of Solvency

South Pasadena may have less money at the start of this fiscal year in its reserves than previously forecast, but should remain solvent, according to an update presented last week by financial experts cleaning up the city’s books and preparing…