The municipality of São Brás de Alportel welcomed the position in the «top-100» of the most financially efficient municipalities at national level, according to the 2019 Yearbook of Portuguese Municipalities.
São Brás de Alportel is really the best small-sized Algarve municipality in the «Global Ranking of Municipalities», still maintaining the 6th position among the 16 municipalities in the region.
This ranking is calculated based on several indicators that are applied to Portuguese municipalities on the continent.
The "ranking" of the 100 best classified municipalities, the municipalities that obtained the highest global score, are part of the ranking. In 2019, the total score was 1,900, with the municipality of São Brás de Alportel having obtained a score of 1,090.
“This analysis highlights the financial management of the municipality of São Brás de Alportel, for the best reasons, integrating the Algarve municipality into the“ top-100 ”of the global“ ranking ”of small towns, with the 25th place at national level.
The Financial Yearbook of Portuguese Municipalities of 2019 also evaluated the best index of total debt, which indicates the municipalities with the lowest amount of interest and financial charges paid.
In this analysis, São Brás de Alportel remains in the second best position at the district level and went from the 27th place at the national level obtained in 2018 to the 19th place.
"This is a most relevant indicator for assessing the financial management of the municipality, which has shown an exemplary management of public funds", reinforces the executive led by Vitor Guerreiro.
In this regard, the municipality of São Brás de Alportel highlights “the consistent decline since 2013”, when it obtained a total debt ratio of 0.33, presenting itself in 2018 with 0.13 and in 2019 with only 0.083.
In the analysis of the municipalities with the lowest average payment term, the municipality of São Brás de Alportel reached 43rd place at national level and 5th place at regional level, having an average of six days' payments.
The 2019 Financial Yearbook for Portuguese Municipalities is available on the website of the Order of Certified Accountants.