Politics Economy Local 2025-12-13T12:13:21+00:00

Nuevo León Governor Comments on Budget and Payroll Tax

Governor Samuel García Sepúlveda stated that federal funds will not unbalance the budget and called on legislators to approve debt for infrastructure projects like the metro and parks.


Nuevo León Governor Comments on Budget and Payroll Tax

Governor Samuel García Sepúlveda stated that the federal 2,000 million will not be used for the Payroll Tax and will not unbalance the Budget, as those 2,000 will arrive in January... 'Ultimately, the Payroll Tax, with the exemptions and incentives we were going to give, we had budgeted to collect 3,000 million, so an extra 1,000 million more or less is not a big deal,' the official said. He also asked legislators to evaluate and approve a debt for the Executive Branch. 'They should weigh the debt very well, Nuevo León is in the green and that allows us to ask for up to 15% debt, but it does not mean that if the 15% does not come out, the State will not function,' declared García Sepúlveda. This news outlet reported that the Budget will be negotiated next week. 'Mixing topics now does not help, let's focus on the Budget and see how we do this week,' the governor concluded. 'They should evaluate what the debt is tagged for: 7,000 million will come for the Metro, that benefits all of us; another 1,000 and a bit for the trains and cars of lines 1, 2, and 3, which we want to be new; another 1,000 is for the Water Park... what Congress has to decide is: I check this box and therefore I approve an 8% or 10% debt for you,' he added. Finally, he called on deputies to speed up the Budget next week and leave other topics for January. 'No more blackmail, let's vote exclusively on the Budget, nothing should be affecting it, nothing at the same time. We only have five or six days for the 2026 Budget to be voted on, Congress closes, and other issues will be seen in January. He insisted that the ceiling is 15% debt based on disposable income. Governor Samuel García Sepúlveda assured that the front organized by the business sector, the PRI-PAN opposition, and the 4T against the increase in the Payroll Tax will not unbalance his Fiscal Package and will compensate resources with the FIFA Fund from the federation.