San Miguelito Raised More Than $1 Million Dollars in July

The Municipality of San Miguelito, which has faced a financial crisis in recent months, raised a little more than $1 million dollars in July 2024.  This was announced on Tuesday, September 3 by Mayor Irma Hernández. “A historic month,” she said.  She indicated that since she took office at the beginning of last July, they have applied financial mechanisms “day by day” to improve the revenue collection of that commune, which remained in the red.  “It is the biggest fundraiser” of any administration. According to Hernandez, this reflects “confidence” in the new administration. 

“It is a matter of trusting that we are taking care of every cent that goes into the treasury,” she added in an interview.  When she entered the Municipality, Hernández said that they received a global debt of around $15 million, inherited from the previous administration of former mayor Héctor Valdés Carrasquilla.  Currently, the Municipality maintains a moratorium in effect.  Business and advertising tax payers will have a 25% exemption for all those who pay the full annual fee by December 31, 2024, as long as they meet the requirements established in the agreement.  Taxpayers with any arrears and who wish to pay their entire arrears until the 2023 fiscal period will be forgiven 100% of the interest and surcharges and 100% of the fines.  Regarding the business tax payment arrangement, 100% of the interest and surcharges will be waived, as well as 50% as a fine for non-payment that occurred up to the 2023 fiscal period.