Faro increases funding for the 4th edition of the Participatory Budget

First OP initiatives Faro 2023/24 starts on October 14th

The Chamber of Faro Another edition of the Participatory Budget will begin and for this 4th edition the amount allocated will be greater. 

For 2023/24 the Participatory Budget of Faro has an investment of 250 thousand euros in total, of which 240 thousand are for the OP Faro and 10 thousand for the OP Faro-Schools (under development by school groups with 3rd cycle and secondary students).

So in the OP Faro the overall cost of each proposal presented has also increased and could be equal to or less than 40 thousand euros (10 thousand more than last year).

All citizens aged 18 or over, registered in Faro or who are proven to reside, work or study in the municipality.

The projects most voted by citizens until the funds are exhausted are the winners, with each parish/union of parishes always having at least one winning project.

In the first phase, taking place between October 14th and November 25th, the Municipality will hold 11 Participatory Meetings in the various parishes/unions of parishes in the municipality, with free access to all interested parties, where citizens will be able to present their improvement proposals for the Municipality (calendar
available soon).

Between November 26th and December 26th, it will be time for digital participation, through the OP portal Faro and each participant will be able to submit a proposal.

After the period for presenting proposals and technical analysis, we will have voting throughout the month of March 2024 and each participant will be able to vote for two projects.

In April 2024, the winning projects will be announced, which will be implemented for a maximum period of two years.

In a note, the Chamber of Faro recalls that since the 1st edition, a total budget of 555.369,87 euros has been allocated, and 6 of the 18 winning projects in the OP have been completed Faro.

The OP Faro Schools had the support of all school groups and projects were approved in the nine schools in the municipality (3rd cycle and secondary).