The Lisbon City Council approved by a majority vote this Wednesday a municipal budget for 2024 of 1.3 billion euros, with housing as its top priority.
The document, voted on item by item, was approved in a closed meeting of the municipal executive chaired by the Social Democrat Carlos Moedas, who earned the vote against the PCP, Cidadãos Por Lisboa (elected by the PS/Livre coalition), Livre and BE.
The PS voted for some items and abstained on others, making the 2024 municipal budget viable.
Lisbon’s municipal budget for 2024 is estimated at €1.3 billion and includes a housing investment of €150 million; 9.1 million for the health sector; 14.3 million for social support measures; 27.1 million for kindergartens and schools; 289 million for mobility; 62 million for culture; 67 million for the Drainage Master Plan and 57 million to return the IRS to the residents of Lisbon.
Following the meeting, in a conversation with the Lusa agency, the President of the Lisbon City Council expressed satisfaction with the approval of the document.
“I’m very happy because this is a record budget. 1.3 billion euros have been allocated to care for the lives of Lisbon’s residents and residents. Our top priority continues to be housing. In 2024 alone, we will invest €150 million in housing in this budget. This is 41.5% higher than last year,” the mayor emphasized.
The Lisbon City Council’s budget proposal for 2024 is 1.3 billion euros, which is “well in line” with this year’s budget (1.3 billion), despite the fact that the management balance is “significantly lower”, said municipal vice-president Filipe Anacoreta Correia during The presentation of the document will take place on November 14.
On this occasion, the person also in charge of the finance department said that next year a “much lower” value is expected in terms of the management balance sheet, amounting to around 40 million euros, while in 2023 the management balance was expected to be 130 million.
Of the projected revenue for 2024 of 1.303 million euros, 999 million are expected in operating income, 248 million in capital income and 56 million in other income.
According to the budget proposal now approved, in terms of disaggregation of current revenues (999 million euros), the largest share comes from direct taxes amounting to 541.3 million, namely 294 million IMT (municipal tax on the burdensome property tax on electricity transmission), 130 .3 million IMI. (municipal property tax), 99 million livs and 18 million MEP (single turnover tax).
In current income, 139.4 million euros are also expected in the form of current transfers, 117 million in sales of current goods and services, 110 million in fees, fines and other sanctions, 74 million in other income and 17.2 million in income from property.
Filipe Anacoreta Correia also explained that the 2024 budget reflects the Plan for Recovery and Resilience (PRR), in which the global investment value between 2022 and 2026 is 670 million, divided by 55 million in 2022, 126 million in 2023. 182 million in 2024, 196 million in 2025 and 111 million in 2026.
The use of community funds from the PRR requires effort on the part of the municipality, and “about 20% is the mobilization of the chamber’s own efforts,” he added, also pointing out that of the planned 670 million euros, 538 million comes from the PRR and 132 million is investment in the chamber.
This is the third Lisbon municipal budget presented by the PSD/CDS-PP leadership, which governs without an absolute majority and, according to the chamber’s vice-president, “reflects a complex of problems” in the city, including investment in housing. for people.
Currently, the Lisbon Chamber’s 17-member executive body includes seven elected members of the Novos Tempos coalition (PSD/CDS-PP/MPT/PPM/Alliance), who are the only members with responsibilities. – three from PS, two from PCP, three from Cidadaãos Por Lisboa (elected by the PS/Livre coalition), one from Livre and one from BE.
The municipal budget will also be presented to the Lisbon Municipal Assembly for discussion and voting.
Author: Lusa
Source: CM Jornal
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