Politics: Territorial Council adopts additional budget of 31 million euros

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The territorial council adopted Wednesday, July 11, an additional budget of 31 million euros, in addition to the 85 million investments already provided for in the original budget. "This is the biggest budget in the history of Saint Martin", commented Willy Wilczek, administrator of public finances in Saint Martin.

“This new budget complements the expenses necessary for the reconstruction of Saint-Martin for 20 million euros with concrete achievements such as the renovation of the two marinas (Fort Louis and Port la Royale) or the refurbishment of the sports center of Orleans district. Said Daniel Gibbs in his introductory speech.

The aim was to readjust the budgetary forecasts in order to take into account expenditure and revenue the amounts of which were not known during the preparation of the 2018 primitive budget, and to record the expenditure on equipment which benefits from subsidies 'equipment but which no award of public contracts has taken place.

Among the new operations planned by the COM: the renovation of public lighting, the construction of a cultural center in Grand Case, the development of the approaches to the beach of Orient Bay and Place de Marigot, the reconstruction of the plateau sports team from the Orleans district college, the reconstruction of the Fort Louis and Royale marinas, the repair of cyclone shelters, the demolition of buildings destroyed by Irma, the acquisition of specific equipment for collecting sargassum ...

(More details on www.soualigapost.com)

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