PSD says results of operations of Port Chamber worsened – News Minute to

The PSD councilor in the House of Porto Ricardo Valente considered that the local authority’s accounts 2014, adopted today by the executive, “are not what they appear on the surface”, stating that “the operating results worsen dramatically.”

The Council of Porto said to have recorded in 2014 “exemplary numbers” of “budget implementation, reducing current expenditure and increasing revenue” in order to end the year with a “balance effective global exceeding EUR 54 million, which represents a historical value, 200% more than in 2013 “.

The accounts, which were approved by majority, with the abstention of the three councilors of the PSD and the vote against the elected CDU, is provided “on the basis of net income” and “from an economic point of view, the result of a camera, as any business should be measured on a logic of operating results,” said Ricardo brave reporters at the end of the meeting.

According to the councilor, so “what appears to be a wonderful thing is not” because “the expense that was not carried out now will be performed next.”

“What we have here is a negative and worse outcome,” maintained the councilman, who “speak a surplus is a myth.”

“In fact, instead of having a surplus we will have a deficit from the point of view of the economic result. And if we look at this year, we know that there is 35 million euros expense that did not run in 2014 and will be performed in 2015, so this surplus disappears automatically in 2015 by spending that was already contracted in 2014 and will be paid in 2015, “he said.

However, Ricardo Valente agreed to the prudence of the local authority, contrary to the position taken by the alderman of the CDU, Pedro Carvalho, who criticized” systematically be less investment “in the city.

“Not only every year it does not execute that which is committed as you are creating a surplus every year,” said the communist, adding that the overall positive balance of more than 54 million “gives finance two bolhões. “

For Pedro Carvalho, who missed the past five years was just investment.

In 2014, the Board reduced the bank debt” over 10% ” and should the bank on 31 December last year, “least 9.8 million euros than the same day of 2013″.

“Also the short-term net debt has unusual numbers, already which is negative. That is, the Chamber had to December 31, 2014 to receive more than to pay in more than 58 million euros, “said the municipality at the end of last week.

According accountability , revenue settled obtained by the municipality in 2014 was “212.8 million euros, up 30.4 million foreseen in the budget”, being the average payment period to four days suppliers.