A Coruña municipalities face financial crisis, warns Formoso

Valentín González Formoso, president of the Diputación de A Coruña, has warned that the 93 municipalities in the province are on the verge of a financial collapse. Speaking before the Economy Commission of the Galician Parliament, Formoso stated that local governments are facing serious operational difficulties in providing basic public services due to a lack of resources and the continuous assumption of improper competencies.

Formoso identified rising costs in energy supply, water purification, waste collection and treatment, and home help services as primary factors strangling local budgets. He argued that the underfunding of municipalities is deepening social, health, and territorial inequalities.

Despite these challenges, the Diputación de A Coruña is set to implement its highest budget in history for the upcoming year, representing a 14.6% increase to 293,930,000 euros.