Lisbon City Hall closed the 2025 election year recording a positive budget balance of 142.3 million euros, a value almost six times greater than the 24.6 million in 2024. Tax and tourist revenues grew significantly and the net result of municipality passed from one prejudice from 9.9 million euros in 2024 to a profit of 63.2 million in 2025.
“The great challenge we face and which continues to be this executive’s main priority is the strengthening and defense of housing programs and the improvement of our space public”said the Mayor of Lisbon Carlos Moedas, in response to thewho verified the numbers from a source familiar with the municipality’s accounts.
The municipality has a current balance of 212.3 million and a negative capital balance of 178.6 million, which means that cmanaged to finance 68.2% of capital expenditure with current resourcesreinforcing the investment’s self-financing capacity.
“These are important results that demonstrate responsible, balanced, safe and reliable management in the largest municipality in the country“, adds, in the same statement, the president of the Chamber.
IMT and IMI worth more
The summary of the 2025 results, to which ECO had access, demonstrates that the growth in real estate prices turned out to be a benefit for the municipalitywith the IMT (Municipal Tax on Onerous Property Transfers) a recover the date of 2024becoming worth R$ 313.2 million, increase of more than 10%.
Me about IMI (Municipal Property Tax) came into effect 143.1 million, an increase of four percent, and the spill had a weight of 138.1 million euros, 12.4% more
Above these taxes, fees, fines and penalties reached R$159.4 million. In the year 2025, tax revenues were worth 613.1 million euros, an annual growth of more than 10% compared to 554 million in 2024.
Local authority improves most indicators
Therefore, compared to 2024, Lisbon City Council improved in almost all short-term indicators. Revenue collected rises to R$1,286.2 million, R$192.9 million more than in 2024, and the revenue execution rate increases from 87.8% to 95.9%.
On the other hand, the expenditure incurred rises to R$1,143.9 million, plus R$74.2 million and the positive budget balance shoots from R$24.6 million to R$142.3 million.
Current expenditure also accelerates
Current expenditure also accelerated, although at a slower pace than revenue, rising to R$861.6 million, 10.8% more than in 2024.
Regarding the composition of this expense, we highlight the expense for personl, 350.8 million euros, and for goods and services, 194.3 million of euros.
As for municipal debt, this went from R$321.9 million in 2024 to R$427.1 million in 2025an increase of more than R$100 million, while liabilities are R$1,021.5 million, 20.0% more than in 2024.
The municipality justifies the growth by “increase in deferrals associated with PRR transfers and subsidies” in housing and the “growth of the debt ‘stock’, within the scope of financing structuring investments”.
