Torreón stopped receiving 62 million pesos due to adjustments in federal contributions

TORREÓN, COAH.- This time of year, Keep has stopped accepting some 62 million pesos due to the application of downward adjustments to resources related to federal items.

city ​​treasurer, Óscar Luján Fernández, He said that, however, the city government was not affected in its operations, they were able to move forward because of their own increase in revenue and because they had healthy finances.

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He explained that variations in the flow of participation upward or downward depended greatly on the level of collection behavior recorded by the federation in IVA, Income tax, IEPS and other contributions, and the reality varies greatly.

“In reality, nothing has stopped, the reductions recorded so far can be replaced with our own resources,” he said.

“There are mathematical calculations done, but ultimately it all really depends on federal revenues. If the numbers are high, this will have a positive impact on states and cities, and this will depend on our trust in the new president.

“You have to believe in your project and not fall into the uncertainty that causes many entrepreneurs to stop investing, and that is reflected in the decrease in tax payments, so participation decreases,” he concluded.

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