MINISTERIO DE HACIENDA Y ADMINISTRACIONES PÚBLICAS

The functions and organisation of the Directorate General of Financial Coordination with Local Entities are regulated in Section Four of the Sole Article of Royal Decree 756/2005 of 24 June, thereby modifying Royal Decree 1552/2004 of 25 June, which develops the basic organic structure of the Ministry of the Treasury.

Article 6 bis. Directorate General of Financial Coordination with Local Entities

1. The Directorate General of Financial Coordination with Local Entities will exercise the following functions:
   1. The application and management of the local financing system.
   2. The management of other state resources that finance local entities.
   3. The exercise of the powers over authorisations legally attributed to the Ministry of the Treasury regarding the debt financing of local entities and follow-up on compliance with the objectives of budget stability.
   4. Technical assistance and management of inquiries regarding the budgetary and financial system of local entities.
   5. The study, reporting and proposal of rules and measures pertaining to the financing of local entities.
   6. The preparation of statistics pertaining to the financial and budget activity of local entities.
   7. The performance of the duties of the secretariat of the Sub-committee of the Economic, Financial and Fiscal System of the National Commission of Local Administration, as well as the relationships with other coordination bodies between the General State Administration and local entities within the scope of the jurisdiction of this Directorate General.
   8. In matters that are particular to its jurisdiction, the Directorate General of Financial Coordination with Local Entities will assume the collaboration relationships with the various units of the Ministry of Public Administrations that may be required for effective compliance with the functions corresponding to both ministerial departments.
2. The Directorate General of Financial Coordination with Local Entities will be integrated by the following units, with the organic level of Subdirectorate General:
   1. The Subdirectorate General of Financing of Local Entities, which will exercise the functions listed in paragraph a) of section 1, as well as the functions of the secretariat of the Subcommittee of the Economic, Financial and Fiscal System of the National Commission of Local Administration.
   2. The Subdirectorate General of Financial Relationships with Local Entities, which will exercise the functions listed in paragraphs b), c) and d) of section 1.
   3. The Subdirectorate General of Local Financial Studies, which will exercise the functions listed in paragraph e) of section 1.
   4. The Subdirectorate General of Analysis and Statistics, which will exercise the functions listed in paragraph f) of section 1.