Sentences with phrase «debt servicing costs for»

Unhedged foreign currency debt, as was prominent in 1997, means that a fall in the currency pushes up debt servicing costs for the government, local corporates and banks, but a rise in interest rates to assist the exchange rate has the same adverse effect.

Ratepayers have had to bear some of the debt service costs for Rensselaer County's upgrade projects, though county officials said long - run cost savings are expected.

«Staff will explore the possibility of charging a pro rata share of debt service costs for occupancy of this space.»

Not exact matches

This will set off a vicious cycle of higher deficits that lead to higher debt, which in turn will mean higher interest costs and less funding available for healthcare, education and other provincial services.

Debt servicing costs would rise for the government, too, sparking a budget problem.

With the new Trudeau government pledging more deficits, public debt and cost to service it appear set to keep growing for the foreseeable future.»

The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.

The Bank for International Settlements singled out Canada for its accelerated growth in credit relative to GDP and for its susceptibility to a sharp rise in debt - service costs.

And massive debt service costs could limit the carrier's ability to maintain or raise the dividend on its stock, which is one of the primary attractions for investors.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

What passed for Soviet Marxism lacked an understanding of how economic rents and the ensuing high labor costs affected international prices, or how debt service and capital flight affected the currency's exchange rate.

«If you assume that for many years China has been misallocating investment (by which I simply mean that the resulting increase in productivity generated by the investment was less than the correctly calculated debt - servicing cost)...» How about not «assuming» and offer proof?

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

I don't know, but it's raising the cost of debt servicing more than expected for lots of banks and businesses that borrow in the short - term debt market.

In addition, the mortgage market looks set for a particularly heavy year of renewals in an environment where debt - servicing costs are already rising at the fastest pace in a decade.

Huge amounts of money have to be laid out for construction, tracts, and equipment, and getting enough money from ticket sales to cover the debt servicing costs is problematic.

For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects on their employment income and their debt - service costs.

MH: The problem of inadequate consumer demand to fuel an economic recovery does not lie with the cost of labor so much as with the fact that it is now normal for families to pay a quarter or even a third of their income for debt service.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

«Most discussions of how company balance sheets will react to higher yields assume an instantaneous jump in debt - servicing costs — but borrowing is fixed - rate for several years,» Barclays says.

We are confident that the marked reduction in debt service costs coupled with the operating efficiencies, we believe we can obtain through the relocation of a majority of our operations to California in the heart of rice country, will set the stage for us to meet the ingredient needs of large CPG and specialty food companies.

For all the booming profits, costs are spiralling and it is clear that the priorities at Old Trafford are servicing the debts that the Glazer family loaded on to the club.

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.

«No matter what the Administration is painting as a rosy picture that there's going to be a decrease in the overall debt, I just don't see how a project of $ 192 million plus other projects that we have been assured will move forward at a cost of $ 93 million and knowing that union contracts will be up for ratification throughout the next several years, there's no way that the county can say that our taxes will not increase and that I can't imagine will be able to stay under the cap unless we decimate services,» says Strawinski.

Speaking before the City Council on Wednesday, vice chancellor for finance Matthew Sapienza said it would be «unfathomable» not to have the nearly half - billion dollars, which represents 30 percent of the system's senior colleges operating and debt service costs.

When factoring in debt service costs that would be required at the current jail and Sheriff's Office facilities for necessary maintenance, the total annual cost savings for taxpayers equate to $ 5.4 million annually for the new facility.

call for a revision of the current formula for setting rates which requires rates to be set to fully cover the cost of operating the system, the cost of debt service for capital work and a rental payment to the City of New York, which is set at 15 % of the debt service,

Payroll will account for 62 percent of the spending in 2018, non-labor operating costs, 22 percent, and debt service, 16 percent.

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.

Huntington, for example, will delay capital projects if borrowing will cause debt service costs to increase, Nadelson said.

«Achieving these lapse — or savings — targets will be a significant budgetary challenge, especially in light of the high levels of fixed costs for FY 2018, such as debt service payments, pension contributions and other costs.»

But here's why we can say givebacks are in play: With rising shortfalls forecast for the coming years, with little appetite at the Capitol for raising taxes again, with debt and pension costs rising, and with state - financed, outside services such as group homes already squeezed, there are scant other places to turn.

CTBA has created per - district estimates for both normal cost (the payment that covers benefits being earned by current employees) and legacy cost (the debt service payment to make up for previous years» underfunding).

Note: Table reports expenditures from all funds (General, State Special Education, Combined GF & Special Education, Total Governmental, Total State Grants, and Total Federal Grants); Statewide totals include expenditures from public charter schools Variable costs include expenditures for Instruction, Student / Instruction Support Services, Other Support Services, and Fringe Benefits; They exclude Operational Expenses, Total Property Expenses, Assets / Reserves, Debt Service, Transfers, and other miscellaneous expenses

As we reported in the July 18 WEAC Legislative Update, referendum restrictions included in the Senate GOP plan would exclude from «shared cost» any amount levied by a district in a prior year for either operating or debt service costs that were authorized by a referendum if doing so would not increase the district's equalization aid entitlement.

Debt service funds are established to account for revenues and appropriations that are used for the payment of principal, interest, lease payment, and other related costs.

Borrowing costs may be higher because of PA's 5 credit downgrades AND lawmakers who support this borrowing have not shared how they plan to pay for these substantial new debt service payments in future budgets.

Doubly stinging, another nearly 500 districts are seeing an increase in their required contributions to the debt service on grants they received for new construction costs, not a sizable amount for many of them, but a significant six - figure hit for more than a dozen.

Monthly service fees and a one time enrollment fee from clients enrolled in our Debt Management Program (These funds are used to help defray administrative costs of the DMP and are not fees for counseling.)

Some of the criteria established by the NASFAA Monograph include: loan cost, quality of customer service, problem resolution (responsiveness to complaints), lender default rates and lender default aversion efforts (including early intervention), ease of loan certification process, 24/7/365 availability to borrowers, disbursement flexibility, loan products offered (Stafford Loan, Parent PLUS Loan, Grad PLUS Loan, Private Student Loan, Consolidation Loan), borrower preferences for national and local lenders, life of loan servicing, entrance and exit counseling, financial literacy and debt management counseling, clarity and accuracy of lender marketing materials and web site, protection of borrower privacy, response time for processing loan applications, and quality of lender toll free telephone numbers and call centers (e.g., hold times and complexity of phone menus).

The College Cost Reduction and Access Act, 9/2007, helps public service lawyers in two main ways: It lowers monthly student loan payments on federally guaranteed student loans (Income Based Repayment or IBR) and secondly, it cancels remaining debt for public servants after 10 years of public service employment.

That cost should not be born by the debtor for a useless service, and those funds could otherwise be directed towards the creditors if the debtor can afford that amount of debt repayment.

Gross Debt Service Ratio (GDS): The percentage of the borrower's gross monthly income that is used for monthly housing payments (principal, interest, taxes, heating costs, and half of any condominium maintenance fees).

With free credit counseling and low - cost debt management services, we can help you evaluate all your options for debt forgiveness and make a plan to live life debt free.

As a nonprofit organization devoted to helping people learn how to become debt free, we're able to offer free credit counseling and low - cost debt management services for consumers nationwide.

If refinancing to lower debt is the right decision for you, keeping costs contained by shopping for services and negotiating for lower fees is one way to help support your overall goal to reduce debt.

Golden Financial Services will help you determine the most cost - effective debt relief solution for you, based on your financial situation and the level of debt you owe.

It brings down your monthly debt service costs from day one, but you pay more and you pay for longer.

As a nonprofit organization, our certified debt specialists provide free credit counseling and low - cost debt management services for dealing with credit card debt.

With interest rates on the rise, Moody's notes that mortgage - servicing costs are likely to climb because nearly half of outstanding mortgages are due for interest rate renewals within a year, adding further strain on households» debt - servicing capacity.