Interval

Financial independence capacity

Explanation

[0.000, 0.088)

Low

(L)

If the local financial independence index is less than 0.088, then the locality is considered to have the lowest level of financial independence or to not be financially independent.

[0.088, 0.124)

Doubtful

(M−)

If the local financial independence index is between 0.088 and 0.124, the locality is considered to be somewhat financially independent.

[0.125, 0.176)

Moderate

(M)

If the local financial independence index is between 0.125 and 0.176, the locality is considered to be possibly financially independent.

[0.176, 0.269)

Probable

(M+)

If the local financial independence index is between 0.176 and 0.269, the locality has the capacity to be financially independent.

[0.269, 0.724]

High

(H)

If the local financial independence index is between 0.269 and 0.724, the locality is consideredfinancially independent.