The Hall of Loulé announced that it will be “free from bailout” was subjected to, anticipating in three years the payment of a debt of ten million Euros.
Thus, the president of the chamber, Vítor Aleixo, considers that the conditions are created to regain financial autonomy, boost the local economy and carry out a program of social support to needy families.
Reducing the rate of Property Tax (IMI) is one of the measures foreseen in the next municipal budget, under a program of tax alleviation.
The Council of Loulé, which came to be part of the list of the ten richest municipalities of the country, had to resort three years ago, a loan of 14.5 million euros, through the Program Support the Local Economy (LMP), to meet commitments with suppliers. The transfer of money from the central to the local authority administration, however, was accompanied by an “adjustment program”, forcing the expenses to be in line with revenue.
“We can say we have release troika of government,” he said on Monday, the mayor, at a press conference to take stock of a year in office. But what has changed in recent months? “It changed the political and economic conditions,” said Victor Aleixo.
Revenue rose 4.6%, largely due to the increase in Council Tax from Real Estate Transactions (IMT), while expenditures decreased by 6.2%. The cuts in spending focused on animation and current expenditure: “We spend less and less partying with cleanliness,” exemplified
Vítor Aleixo – outstanding supporter of António Costa Algarve during the race for the primaries. Socialist Party – took the opportunity to criticize the 12 year rule of the PSD in the municipality. “We found an absolute runaway accounts, our priority was to halt the financial debacle in which the municipality met,” he said. Notwithstanding this situation, stressed that the municipality started the construction of the Walk of Dunes, an investment of three million euros intended to rehabilitate the sea front linking Quarteira to Vilamoura in an area of 17.7 hectares.
Das guidelines for the city’s budget next year, emphasized the importance of urban rehabilitation project of the historic center of the city, the program of social support and reducing the tax burden, inserted in policies Recovery economy. “Let’s download the IMI and implement a program of social assistance to the needy,” he said. Some of these measures have not been implemented, justified, because the Regulation of Loulé Outreach Program was not published in the Official Gazette for about two months.
The update of the book value of the properties has resulted in this high tourist municipality of bias, an increase in revenue through IMI. “We decided to settle in full the ten million that would be paid until November 2017.” The mayor assured that by the end of the year will be free of the constraints of LMP well. “Recovers Loulé municipal autonomy and improves the quality of essential services,” he stressed.
But, at the same time, the camera, the socialist majority, want the executive politically accountable before the PSD by a liability of € 80 million. “We have to know how it was possible to spend so much money.” Relativized The mayor however the importance of the initiative. “The goal is teaching, so that mistakes are not repeated.”
In this regard, announced that it will definitely make an audit of the expenditure incurred for the years 2009 and 2010 The Ultimate debt, said vice-mayor, Hugo Nunes, came in 2009, with a deficit of 45 million euro, followed the next year from a deficit of 25 million euro.
Extinction of IMT in 2018
With the market in sales of luxury homes to go up in the county called Golden Triangle – Quinta do Lago, Vale do Lobo and Vilamoura – autarchy is optimistic about the balance of public accounts, but fears the revenue shortfall. This is because the new rules of the Local Finance imposes a reduction of IMT in 2016 and its demise from 2018 The funds from this tax represents, in the municipality of Loulé, about 23% of average annual income. The fact that join the “concerns” of mayors to continual reduction of transfers from the State Budget and the new obligation of the municipality to contribute an amount of 610 thousand euros for the Municipal Support Fund (FAM), to support municipalities on the brink of insolvency, as is the case in the Algarve, the Hall of Portimão.
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