Article 13, first and third paragraphs, Principles of autonomy and sufficiency
Financial autonomy of territorial entities entails the authority to organize and manage their public finances within the limits set forth herein and...
Proposed draft » Committee for the Form of State, Legal System, Autonomy, Decentralization, Equity, Territorial Justice, Local Governments, and Fiscal Organization. - Proposed Standards of Third Report
Article 14, first and second paragraphs, Principle of coordination
The financial activity of territorial entities shall be performed in a coordinated manner among them, the State, and the competent authorities,...
Article 15, Loans
Regional and local governments may issue debt pursuant to a general or special law, which shall establish at least the following regulations: a) The...
Article 16, Interterritorial solidarity
The State and the territorial entities shall contribute to the correction of any inequalities among them. A law shall set forth compensation funds...
Article 16 bis
The administrative regions and boroughs that record revenues higher than the weighted average of fiscal revenues shall transfer resources to their...
Article 20, first and second paragraph, Environmental sustainability
It is the duty of the State and the territorial entities in the sphere of their competencies, to establish a permanent policy of sustainable and...
Article 21, Fiscal accountability
Territorial entities, their representatives, and authorities, failing to fulfil their obligations on financial matters, shall assume, in the part...
Article 22, Economic efficiency
The principle of economic efficiency entails territorial entities having to use their resources in an economically sound, optimal, and effective...
Article 25, Tax Transparency
On an annual basis, the relevant authority shall publish the revenues subject to taxes and the State, regional and municipal tax burdens, as well as...
Article 26, Mechanisms of participation in territorial entities
In those cases, set forth by this Constitution, the law, and regional by-laws, territorial entities shall promote, foster, and guarantee...
