Extending The Application Of The Current Distribution Of The Common Municipal Fund Coefficients For Aa Or Aa 2005 Or 2006, And Establishes A Compensation Mechanism

Original Language Title: PRORROGA LA APLICACION DE LOS COEFICIENTES DE DISTRIBUCION DEL FONDO COMUN MUNICIPAL VIGENTES DURANTE EL AÑO 2005 PARA EL AÑO 2006, Y ESTABLECE UN MECANISMO DE COMPENSACION

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"Sole article.-during the year 2006, the coefficients of distribution of 90% and 10% of the Municipal pool, will be those in force during 2005."
Municipalities which join together reduced the estimated quantities to receive the common Municipal Fund in 2006 in relation to the amounts received from the Fund during the year 2005, by applying the aforementioned coefficients will receive compensation which will cover 100 per cent of the reduction in income. The aforementioned reduction is calculated considering the municipal resources perceived by each municipality by the Fund during the year 2005, according to information provided by the service of treasuries, in relation to resources to receive during the year 2006 by applying the coefficients set out in the preceding paragraph.
By Supreme Decree issued through the Ministry of the Interior, which will be also the signature of the Minister of finance, is determined the amount of the compensation for the year 2006, to receive for each municipality that in that year it viere reduced its participation in the Fund, according to the provisions of the preceding paragraph, as well as their delivery dates for the service of treasuries. This compensation will be financed by the common fund Municipal. "."