FPM Registers Increase Of 36% In Transfers To City Halls

The Municipalities Participation Fund (FPM) since it will be deposited in the accounts of the municipalities this Thursday (20).

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In fact, it records an increase of 36% compared to the same period last year in the region of North East.

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In 2019, the gross amount, excluding the retention of the Fund for the Maintenance and Development of Basic Education and the Valuation of Education Professionals (Fundeb).

FPM Registra Aumento De 36% No Repasse Para Prefeituras 20 de fevereiro de 2020

As much as R$ 22,649,360.52, so this year the forecast is R$ 30,854,884.09 for economic transfer.

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Even with the increase, the Federation of Associations of Municipalities of Paraíba (Famup) predicts a drop of 8% for the first quarter of the year.

Fall Forecast

“We have a forecast for a drop of 8% as well as in this first quarter and therefore we recommend caution from mayors…

Although we do not know how the FPM will behave in March and we also have to take into account the increases in contributions and participation of municipalities…

certainly the minimum wage and the minimum wage for teachers and health agents”, highlighted George Coelho, president of Famup.

By deducting the value of R$ 6,170,976.82 from Fundeb, R$ 4,628,232.61 from health and R$ 308,548.84 referring to Pasep.

The mayor explained to the mayors that he is in dialogue with the Minister of Economy, Paulo Guedes, to move forward with municipal agendas.

Since the municipalities in Paraíba will receive the net amount of R$ 19,747,125.82. In net values, João Pessoa will have R$ 2,163,311.82.

In the end, for the more than five thousand Brazilian municipalities, the value will be more than R$ 785 million without taking into account the Fundeb discount.

Thus, according to the calculations of the National Confederation of Municipalities (CNM), based on data from the National Treasury Secretariat (STN), the transfer of the 2nd ten days of February.

The mayor explained to the mayors that he is in dialogue with the Minister of Economy, Paulo Guedes, to move forward with municipal agendas.

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