Text generated by artificial intelligence, according to the Method.

Ledger row

Debt indexMontemor-o-Novo

What this number is

Debt as a percentage of the average net current revenue that the municipality collected in the previous three years; the law allows one and a half times that average.

26,2 % (legal cap = 150)

identifier montemor-o-novo-indice-de-divida-2024

Proof

Excerpt

This row quotes no sentence: the value is calculated from other rows, and the documentary proof is theirs.

Arithmetic

5 238 383 ÷ 29 954 003 × 150 = 26.2. The legal ceiling is 1.5 times the three-year average of net current revenue (art. 52.º, Lei n.º 73/2013), and the index measures debt against that ceiling on a scale whose cap is 150.

Re-evaluated at every buildround ( montemor-o-novo-divida-dgal-2024 / montemor-o-novo-limite-divida-dgal-2024 * indice-de-divida-limite-legal , 1 )

The same sum as an expression.

What was checked

Second reading:
Recomputed at every build from its sources The re-reading rule →

Corrections and updates to this row

This row has never been corrected or updated.

Corrections: public, dated, permanent The whole policy →