[FDArchitects]

A better understanding of the debt profile requires a detailed analysis of municipal
finance, municipal asset and liabilities, fiscal stress and debt burdens and debt
servicing capacities of municipal corporations. A large number of ratios and indicators
are used to understand the debt financing and debt servicing profile and capacities of
the municipal corporations.
The questionnaire used for primary data collection is structured mainly into four parts;
• profile of municipal finance
• detailed information on the loans and market borrowing undertaken by the
municipal corporations, terms of loans, loan utilization performance, role of
debt in capital investment, loan repayment structures, etc.,
• fiscal health indicators of the municipalities to capture the debt servicing
capacities, and
• lastly a few qualitative questions to the decision makers to capture their
insight on the financing mechanism, fiscal decentralization process and
rationalization of revenue and expenditure authorities, etc.