Sentences with phrase «backdoor borrowing by»
Backdoor borrowing by the state Dormitory Authority, of course — duly reflected by an increase in DASNY's bond cap for this purpose, so you know they mean it.
https://www.empirecenter.org/ Not exact matches
The report from state Controller Thomas DiNapoli found that there are 1,192 quasi-governmental public authorities in the state and they are often used by officials to conduct what is known as «backdoor borrowing,» which has less public scrutiny than traditional borrowing.