translated from Spanish: Morelia Cabildo approves draft Income and Egress Budgets for Fiscal Year 2020

Morelia, Michoacán.- Through a statement they have reported that the Cabildo de Morelia approved this afternoon in Special Session the project of the Budget of Income and Budget of Egress for fiscal year 2020.
In the revenue section, an initial figure of 3 thousand 237 million 475 thousand 740 pesos is projected, of which 2 thousand 380 million 708 thousand 541 pesos, correspond to the collection of resources through taxes, duties, products, shares, shares and contributions, while the remaining 856 million 767 billion 199 pesos are allocated to paramunicipal agencies.
MeThe collection figure represents an increase of 9.17 per cent compared to the 2019 financial year, i.e. more than 199 million pesos, obtained through the updating of the cadastral standard, as well as the application of procedures to delinquent taxpayers, which will allow for greater action for the benefit of the public.
In terms of egress, the Cabildo authorized an amount of 2 thousand 380 million, 708 thousand 541 pesos, which includes concepts such as current expenditure, supplies, general services and public debt.
Fote ME
With the above, units such as the Municipal Security Commission, the Secretariat of Public Services, Welfare and Social Policy, as well as Urbanism and Public Works, will have greater resources to act, while The Presidency, in accordance with the municipal president Raúl Morón Orozco’s austerity policy will have a decrease in his budget.

Original source in Spanish