Not exact matches
Prepa said on Wednesday that it was financing its principal and interest payment with $ 153 million in cash and the rest
from its
debt -
service reserve accounts.
The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international
reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming
from aging - related entitlement spending, higher
debt -
service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»
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.
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
When you apply all revenue
from the rents to paying the
debt service, you will be relying on
reserve funds having to come
from some other account should some event occur that would normally draw
from reserve (some examples are replacing roof, replacing heater, handling an eviction - there are other such events).
When preparing to buy a home, it's important to stay away
from big - ticket items, such as purchasing a car, in order to keep your cash
reserves high and show the lender that you'll be able to
service the mortgage
debt more easily.