The Porto Chamber votes on Tuesday, April 21, in a public meeting, on the 2025 accounts, which closed with a net result of 68 million euros. Of these 68 million euros of profit, 64 million are transferred to retained earnings and 3.4 million euros to legal reserves.
“The financial results of the year are positive and demonstrate the solidity of municipal management”, highlights the president of the municipality, Pedro Duarte, in the 2025 accountability report.
The execution rate of collected revenue reached 98.7%totaling 476.9 million euros, while after paymentof R$ 378.8 million, recorded an execution rate of 78.4%both values higher than the national average, in a year whose pace of execution was conditioned by a period of limited management of municipal bodies, resulting from the municipal electoral calendar, he highlights.
Pedro Duarte also points out that total revenue grew 17% compared to the previous year, driven by the performance of tax revenuewhich increased by 45.2 million euros (+19,4%).
In terms of budget balance, the municipality presented a positive result of R$98.8 million, R$34.3 million higher than the previous year’s value.
Current savings reached 92.3 million euros, allowing investments to be financed exclusively with own resourceshighlights.
In terms of expenditure, environment and urban planning together represent 28.8% of the expenditure carried out, while social cohesion mobilized 32.3 million euros in support programs for the most vulnerable populations.
Already mobility absorbed 30.5 million eurosaimed at promoting public transport and sustainable urban mobility and the objective “Economy, People and Innovation” represented R$30 million, of which 19.9 million went to education.
And, in turn, the culture and heritage accounted for 16.9 million euros.
Do total do investment madewhich amounted to 82.1 million of euros, 35.4 million euros were directed to urban requalification, with emphasis on the Rua Direita Program, to promote affordable rentals and the requalification and improvement of various spaces and streets in the city.
The social housing stock had an investment of 14.3 million of euros. “The 2025 accounts thus constitute the concrete expression of the principles that guided management in recent years: budgetary discipline, transparency and financial responsibility”, considers Pedro Duarte.
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