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Economy and Treasury
Wednesday, 15 October, the Office of the Economy of the Formentera Council presented the administration's budget for the year 2015. There are two features that make the document noteworthy: first, its prevision of total debt resolution in the first trimester of 2015. Second, the budget calls for re-worked plan of investments, targeting...
Wednesday, 15 October 2014 | Read more
In an anticipatory measure on 11 March, the Formentera Island Council repayed four million euros in bank debt of a total eight-point-five million euro credit provided by the Spanish financial agency ICO (Instituto de Crédito Oficial), because it was so obliged by the regional autonomous government's continued failure to repay the debt...
Friday, 14 March 2014 | Read more
Esteban Mas, the Palma regional government's special envoy in Brussels, met this morning with Jaume Ferrer, president of the Formentera Island Council, and Bartomeu Escandell, councillor of the Presidential Cabinet, Tax Office and Territory. In addition to paying a visit to the Govern Balear's Brussels delegation, President Ferrer...
Tuesday, 11 February 2014 | Read more
On 21 November a government commission of the Formentera Island Council approved the auction of a property – known as Ca Ses Ferreres and located in El Pilar de la Mola – containing several plots of land and an existing house. The property, which is located in a remote area of La Mola, presented very few possibilities for...
Thursday, 02 January 2014 | Read more
In a press conference held today, the Formentera Island Council's councilor of Culture and Local Patrimony, Sònia Cardona, together with the councilor of the Tax Office, Territory and Town Planning, Bartomeu Escandell, announced details regarding the modification of a local law on property tax. The changes follow a re-evaluation of...
Monday, 21 October 2013 | Read more
El Consell Insular de Formentera veu amb preocupació com el ritme de pagaments de la Comunitat Autònoma de les Illes Balears no és suficient, fent créixer el deute acumulat fins a uns nivells crítics per a la primera institució de l’illa. Els drets de cobrament presentats pel Consell de Formentera, fruit de l’execució dels...
Monday, 30 September 2013 | Read more
The Formentera Island Council closed its books on the year 2012 with a surplus of 1.4 million euros, achieving its objective of budgetary stability. The books of the Island Council have been cleared and reflect the stability attained for principal items of expenditure, a situation obtained as the result of restraint efforts applied...
Thursday, 29 August 2013 | Read more


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