Text generated by artificial intelligence, according to the Method.
Debt indexValença
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.
48,1 % (legal cap = 150)
identifier valenca-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
6 648 993 ÷ 20 716 336 × 150 = 48.1. 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.
round ( valenca-divida-dgal-2024 / valenca-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 →