Which of the following factors is not considered in assessing debt affordability ratios?

In the context of assessing debt affordability ratios, net income of local businesses is not typically considered. Debt affordability ratios focus on the government's capability to service its debt by evaluating metrics such as debt levels in relation to income or revenues generated by the jurisdiction.

Commonly examined factors include the percentage of debt related to personal income, which reflects the burden of debt on residents; the percentage of debt relative to the real market value, which provides insight into how much the debt corresponds to the assets within the community; as well as the percentage of debt to general fund revenues, which indicates the government's ability to manage its debt in relation to its primary funding sources.

In contrast, the net income of local businesses, while it can provide context about the economic health of the area, does not directly relate to the government's debt management or its affordability ratios. Hence, it is not included in the standard assessments for debt affordability.