The announcement was made during the discussion of the 2025 Management Report and Accounts, approved this Thursday morning by the Vila Nova de Famalicão municipal executive. 

The mayor speaks of “rigorous and responsible management” and a “robust and comfortable financial cushion” that will allow the council not only to reduce the IMI rate in 2027, but also to proceed with infrastructure projects for the future of the municipality.

Mário Passos adds that the 2025 annual report is a fine illustration of the “solid path” that has been followed in building a more cohesive, inclusive, sustainable and prosperous future for the municipality of Famalicão, and reflects “the commitment and effort of this Municipal Council, its executive and its staff in responding to the needs and aspirations of the people of Famalicão”. 

Looking at the various indicators presented in the Report, note the expenditure execution rate of around 76%, which is above all a reflection of the municipality’s great dynamism. Notable here are the more than 41 million euros (an increase of 102% compared to 2024) spent on the acquisition of capital goods, resulting from the historic investment the municipality currently has underway across a wide range of sectors. Also noteworthy is the more than €15 million (a 65% increase) in capital transfers resulting from support granted to external entities, such as parish councils, private social solidarity institutions (IPSS) and the voluntary sector.

With regard to revenue collection (93%), note the increase in tax revenue, stemming mainly from the Municipal Tax on the Transfer of Real Estate (IMT), which is a sign of the municipality’s economic vitality and the dynamism of the property market, and to the 44% increase in capital transfers, explained by the municipality’s demonstrated ability to attract EU funding. 

According to the document, in 2025 the municipality led by Mário Passos recorded a financial autonomy rate of 82.8%. The reduction in bank debt is also highlighted in the 2025 Management Report and Accounts, with the Famalicão local authority utilising just 15.9% of its absolute debt margin.