Tías pays more than 15 million euros to its suppliers

The City Council has reduced the average payment period, which in the second quarter of the year managed to lower the average to 13.84 days

IMG 2851ff
IMG 2851ff

The Tías City Council has taken an important step in regularizing its public accounts and confirming its good economic situation by formalizing, so far this year, payments to its suppliers for a total amount of 15,275,054.13 euros corresponding to invoices and subsidies.

The settlement of payments constitutes one of the commitments acquired by the government group, formed by PSOE and Podemos, so that all these companies, many of them based in the municipality, can continue to provide services to the City Council.

The mayor, José Juan Cruz, and the Councilor for Finance, Tomás Silvera, also indicate that, "thanks to the meticulous work of municipal employees, mostly from the Finance department, we have been able to settle a large part of the pending invoices for services rendered".

Another favorable piece of data from recent months is the reduction in the average payment period to suppliers achieved by the council, which in the second quarter of the year managed to lower the average to 13.84 days, an indicator that reflects the council's ability to meet its economic obligations within a reduced timeframe.

The City Council thus maintains a management line aimed at guaranteeing liquidity and compliance with its obligations to suppliers, companies, groups, and entities benefiting from subsidies.

 

A positive balance of municipal accounts

On the other hand, the General Account corresponding to the 2025 fiscal year was recently approved in plenary session, reflecting a positive evolution of municipal accounts and the City Council's capacity to continue increasing investment efforts.

Among the highlighted data is the increase in recognized obligations corresponding to chapter VI, intended for real investments, which went from approximately 2 million euros in 2024 to 5.2 million euros in 2025.

Likewise, the municipal accounts as of December 31, 2025, reflected a total balance of 36,278,808.44 euros, within an economic situation that allows the City Council to maintain its capacity to undertake new actions and continue improving municipal infrastructure and services.

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