The Council of Lisbon started in the last eight years, a process of consolidation of accounts which allowed the reduction of the liability in this period by almost 800 million euros and a reduction in debt to suppliers in more than 450 million.
At this time, the Board of Lisbon paid to suppliers to three days, and one of the fastest in the country, has municipal companies all with positive results and still returns half the IRS to residents. This process allowed close 2015 with “the best accounts in more than a decade.”
For 2014, the Council of Lisbon reduced liabilities decreased 1.7%, or 20 million euros. The evolution of municipal accounts was presented this morning to journalists by the councilor of Finance, John Paul Scott, a session in the town hall. a summary of the annual report was presented, not yet available.
According to the councilor, the motto “certain accounts and structural balance” is “gain visibility in their own numbers.” The local authority’s finances reached the “point of sustainability” that will “allow face normally and ambition the investment cycle that is under development,” and that is already on the ground, in particular, with the Pave Lisbon program.
the recovery of the capital city accounts began in 2007, he stressed João Paulo Saraiva when Antony Costa became president of the council in mid-term elections. At that time the situation was “very serious” and all indicators were in “extremely perilous situation.” Total liabilities amounted to 1,952 million euros. Late last year, had been reduced to 1,182 million. – A reduction of almost EUR 800 million
As for the debt to suppliers, it was worth 459 million euros in 2007 and was gradually reduced up to 3.6 million, the figure at the end of last year.
in the field of revenues, the municipality improved its revenues by 27.8% compared to 2014, which allowed the place net income for the county at EUR 193 million. A result that reflects the growth “acentuadíssimo” revenue from IMT, which was not quantified.
Inheritance is a concern
Despite the good news, John Paul Scott points out that there are still some concerns. “What worries me most has to do with the heavy legacy. A good part of it is resolved”, but still “remain some of these processes.” “We made a set of agreements” related to lawsuits “in which the municipality was involved over the years, which would weigh a lot in case of a negative outcome.”
But not everything is solved. “The Bragaparques process is not finished” and there is a “set of other processes that are not finished, and it is these processes that bring us some concern in its outcome.” The local authority is “very confident” about their arguments, but does not control the decision.
John Paul Saraiva stressed that, last year, the reserves of the Statutory Auditor (ROC) in the city fell by half face to those expressed in 2014: there were two. “It is recognized by the analysis made by the ROC of gradual and sustained manner, we have been able auditors remove the reservations that have made” to the accounts. Auditors raised reservations to Bragaparques and a difficulty in circularization (confirmation) accounts with municipal suppliers.
The best performance with the best tax
João Paulo Saraiva stressed that the performance of last year, “the best of the last decade”, was achieved with the “most competitive tax policy of the Lisbon Metropolitan Area.” “We are who relinquishes more of the revenue that would be possible to raise through IRS, returning 31.3 million euros,” he argues. The Council of Lisbon returns half the tax you are entitled to (2.5%), which is the “highest rate of return” of the region, note. Nearest only Cascais, which returns 1.3%, and “there is a set of eight municipalities no return”.
In addition, “we have the fifth best position in the monthly rate of sanitation and MSW” the region added yet. The calculation was made taking for granted a gauge of the minimum counter and a monthly water consumption of 7.4 cubic meters. In this scenario, the joint fare costs 8.56 euros in Lisbon. The cheapest city is Vila Franca de Xira, according to the same survey, with a cost of 3.51 euros (5.48 euros cheaper than in Lisbon), and the most expensive is Mafra, with a cost of 15, 37 euros per month. The average AML is 10.43 euros per month, says the camera.
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