Sentences with phrase «bond debt service»

Residents in both districts pay the same property tax rate of $ 1.04 per $ 100 of property valuation - which does not include school bond debt service.

Not exact matches

Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

An array of measures is selected from the overall credit supply (or what is the same thing, debt securities) to represent «money,» which then is correlated with changes in goods and service prices, but not with prices for capital assets — bonds, stocks and real estate.

Moody's Investors Service, which downgraded Tesla's credit rating further into junk in March, still expects Tesla will need to raise about $ 2 billion selling equity, convertible bonds or debt, to offset the cash it burns this year and securities maturing through early 2019.

It occurred rather because in 2015 there was a series of debt transactions (mainly provincial bond swaps aimed at reducing debt - servicing costs and extending maturities) that extinguished debt that had been included in the TSF category and replaced it with debt not included in TSF.

The proximate cause of death for virtually every defaulting junk bond is a liquidity crisis occasioned by either an inability to generate enough cash to service debt, or an inability to refinance maturing debt.

Is there any reason why someone with an outstanding mortgage should buy bonds rather than service their own more expensive debt?

The Bloomberg Barclays Long - Term Government / Corporate Bond Index is an unmanaged index that includes fixed - rate debt issues rated investment grade or higher by Moody's Investors Services, Standard & Poor's Corporation, or Fitch Investor's Service, in order.

It loads down economies with debt — and when debt service exceeds the surplus out of which to pay it, the central bank tries to «inflate its way out of debt» by creating enough new credit («money») to make real estate, stocks and bonds worth more — enough for debtors to borrow the interest due.

The debt service on the bonds is to be paid with fees from boaters and any delay would result in loss of revenues from that source, which Park District officials said would have to be made up by taxpayer money.

The bond issue included an extra $ 1.6 million to subsidize debt service for the first three years until membership income can cover operating costs and debt service.

Park District officials estimated that debt service for the bonds would add $ 22 annually to the tax bill for a $ 200,000 home over the 13 - year life of the bonds.

Although the budget also provides $ 100 million to the MTA's capital program from redirected economic development funds, it also proposes using $ 165 million of Metropolitan Mass Transportation Operating Assistance Account funds to pay debt services on State bonds previously issued for the MTA capital program that otherwise would be paid from the General Fund and transferring $ 35 million in MMTOA funds to the General Fund.

They provided N434.41 billion for Statutory Transfers, N1.84 trillion for Debt Servicing and N177.46 billion for Sinking Fund from maturing bonds.

· Debt service on bonds issued by the MTA to fund the cost of East Side Access is estimated to exceed $ 300 million in 2019 when the project enters service.

Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.

DiNapoli says Syracuse received good scores in part because of increases in its bond rating; service agreements with local not - for profit institutions; and the practice of paying off debt in time and in full.

It has a permanent tax base, so in theory it can time - shift its debt obligations indefinitely - without even reducing the bond - rating by simply shifting the ratio of revenue spent on debt servicing versus every other obligation.

That is because it does not factor in debt service on school bonds, which accounts for $ 1.7 billion and may be an oversight in the bill language.

In October, the Citizens Budget Commission released a report that projected TZB tolls would have to double, to around $ 10, to meet the yearly debt service on the loans and bonds used to build the $ 3.9 billion bridge.

the Treasury was unable to move enough precious metal to service its debt, and missed interest payments on bonds.

The plan includes $ 180.5 million in debt service savings for Fiscal 2018, primarily from re-estimates of debt service costs related to variable - rate bonds and the retention of state building aid revenue by the Transitional Finance Agency.

The Council also looked at city bond financing and debt service.

According to him, claims by the government that the bond was needed to service the non-performing loans of banks were untenable, as the previous administration had ensured that the debts were being serviced.

Even if spread over a 30 - year term, the annual payments on those new bonds would be roughly half a billion dollars — corresponding to nearly a 10 percent increase over current debt service.

The Thruway Authority has just under $ 3.4 billion in outstanding debt after refinancing $ 744 million of bonds in December, and will pay about $ 280 million — just under 40 percent of the $ 724 million it projects it will collect in tolls — servicing it next year, according to its 2015 budget.

The police department is very old and outdated, but to build these things you rely on bonds and those lead to debt service which become a fixed part of your budget,» Mr. Russell said.

Cuomo, speaking later in the day, insisted he had only withdrawn $ 20 million from the MTA's budget last year to pay debt service on the MTA bonds, after the state contributed $ 1 billion to the agency's budget.

Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement for municipal bonds that provide financing for the acquisition, construction, repair or renovation of Texas charter school facilities (including certain refinancing of facilities debt that meet federal guidelines), by funding a debt service reserve fund for such issuances.

There's $ 250 million in outstanding bond servicing debt (mostly from the past ten years 2007) and the district tried to add another $ 485 million just last November.

Focusing on the amount of debt service generated by Capital Appreciation Bonds ignores the intangible benefits of high - quality schools with environments conducive to teaching and learning

A separate debt service fund must be established for each bond issue.

Bonds are a form of debt financing, which must be approved by voters who agree to an increase in property taxes to fund the debt service associated with a given construction project.

Charters may be able to issue bonds, though as non-taxing entities, they would not have dedicated tax revenues for debt service.

The state may subsidize bond financing by supplementing local tax revenue for debt service and may also guarantee bonded debt with state assets, which can help schools qualify for more favorable rates.

Brennan also promised to stop selling debt settlement services unless he posted a $ 50,000 performance bond with the Consumer Protection Division of the Attorney General's office.

Gross - revenue pledge: In a municipal revenue bond, a trust - indenture provision stipulating that the revenues first go to pay the debt servicing costs.

We provide: • Retirement Services, such as plan rollover options, ** traditional and Roth IRAs, and small business plans • Financial Management, including financial planning, asset and debt management, and estate planning • Insurance Solutions, made up of life, long - term care, and disability protection • Investments, including diversified solutions to help manage and grow assets with stocks, bonds, and mutual funds • Retirement Planning, such as income strategies, pensions, and social security

With the track record that we have we can ensure you get the best of our service, we are proud to say that we help hundreds of thousands of people out that can't get help anywhere in the country, we can proudly say that we extended our business and it is as follows: We do Business Finance (Business Loan) for up to R9, 000,000.00 and Above We do Consolidation Loan up to 5,000,000.00 Rand even if you are blacklisted or under debt review We do home loans even if you are blacklisted or under debt review We do personal loans for up to R87, 000.00 even if you are blacklisted or under debt review We do Car finance even if you are blacklisted or under debt review We do 2nd Bonds, Home Improvement and consolidation loans We do Wedding Finance loan well as well.

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

Corporate bonds are debts issued by industrial, financial and service companies to finance capital investment and operating cash flow.

The Fund pursues its investment objective by investing primarily in fixed income securities, such as U.S. Treasury bonds, notes and bills, Treasury inflation - protected securities, U.S. Treasury Strips, U.S. Government agency securities (primarily mortgage - backed securities), and investment grade corporate debt rated BBB or higher by Standard & Poor's Global Ratings or Baa or higher by Moody's Investors Service, Inc., or having an equivalent rating from another independent rating organization.

Proceeds of these bonds can be used for expenditures, debt service reserve funds and costs of issuing the bonds but not to refinance capital expenditures, so - called refunding issues.

Adopting the discipline of rebalancing bond exposures toward fundamental weights, which are linked to the economic size of the underlying issuing companies rather than to the amount of debt they have issued, achieves the dual objective of: 1) tilting holdings toward companies with better debt servicing and higher credit ratings; and 2) taking advantage of mean reversion in securities prices over time.

Those with long - term investment horizons can benefit by gaining exposure to bond strategies that allocate to countries on the basis of debt - servicing economic resources rather than debt issuance, effectively raising the relative credit quality of holdings.

In September 2015, Standard & Poor's Ratings Services downgraded Puerto Rico - backed debt to «CC,» citing that the bonds are highly vulnerable to nonpayment.

Individuals may purchase bonds from a number of sources, such as full - service brokerage firms, banks or firms that specialize in debt instruments, and discount brokers.

Slow revenue and cash flow growth will make it difficult if not impossible for a number of financially weak and weakening firms to service their bonds and other debts.

Fallen angel bonds, which can be corporate, municipal or sovereign debt, have been downgraded by a rating service such as Standard & Poor's, Fitch, or Moody's Investors Sservice such as Standard & Poor's, Fitch, or Moody's Investors ServiceService.