The report also analyzes how the better farmers are subsidizing the less - productive ones, and how the whole system costs several hundred million dollars a year
in debt servicing costs, capital that could be better used to fund tangible and productive assets.
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.
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.
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.
Accounting firm EY says
debt levels and an ongoing focus on
costs is placing more pressure mining
services companies
in Western Australia.
«
In each of the years between 2027 and 2033, PWBM projects that the bill will continue to reduce revenues net of outlays, not including the additional
costs of
debt service,» the Penn report said.
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.
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.
The
cost of borrowing
in China has been cut aggressively since the autumn of 2014
in response to the slowdown
in the economy and the distress caused to property owners, local government and corporations by high
debt -
servicing costs.
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.
Yet the Board had already aggressively eased monetary policy, delivering the largest reduction
in debt -
servicing costs to households
in modern times.
«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?
I have explained elsewhere some of the reasons that determine whether a country's
debt is «excessively high», and I hope formally to list these reasons more fully
in my next book, but the key is the gap that is created between projected
debt -
servicing costs and the projected revenues earmarked to
service the
debt when an economic entity suffers an unexpected surge
in debt or an unexpected decline
in growth.
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 decad
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 decad
in an environment where
debt -
servicing costs are already rising at the fastest pace
in a decad
in a decade.
This will benefit taxpayers through lower
debt -
servicing costs and will help Canada maintain its strong triple - A credit rating
in an uncertain economy.
When the G - 7 deputies came to Moscow
in late November 1991, just a few days after Gaidar had come to power as head of Yeltsin's economic team, the main focus of the G - 7 message was the urgency that the Soviet Union should continue to
service the external
debts at any
cost.
China's public - sector investment,
in other words, is value destroying, and because it is funded by
debt, additional investment causes China's real
debt servicing costs to rise faster than its real
debt servicing capacity.
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.
In the 1980s, when the sharp rises in foreign debt and its servicing costs were occurring, the Australian economic debate was, not surprisingly, pre-occupied with these issue
In the 1980s, when the sharp rises
in foreign debt and its servicing costs were occurring, the Australian economic debate was, not surprisingly, pre-occupied with these issue
in foreign
debt and its
servicing costs were occurring, the Australian economic debate was, not surprisingly, pre-occupied with these issues.
Mr. Ceci also announced that the government would legislate a
debt ceiling of 15 percent
debt - to - GDP
in order to hold off a risk of credit downgrades and higher
debt service costs.
While lower global interest rates have helped contain
debt -
servicing costs, the past year or so has seen a significant increase
in net dividend payments.
Although household indebtedness remains a major risk to financial instability
in Canada, low interest rates have kept
debt servicing costs low by historical standards.
It, and the foreign currency
debt servicing payments, are therefore subject to valuation effects when the exchange rate changes; currency depreciation increases the
debt -
servicing costs in Australian dollar terms.
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.
The rising
costs of inputs — agro-chemicals, seeds, fuel — as well as the need to
service rising levels of farm
debt: combined with the downwards pressure on prices many farmers find themselves
in a «
cost - price» squeeze
Another concern flagged by the state comptroller is the city's projected growth
in debt service and health insurance
costs.
«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.
·
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.
This practice does not have any impact on total
debt service costs, but increases spending
in the year the prepayment is made and reduces it
in the subsequent year, thereby causing the growth rate from year to year to appear lower.
A contingency budget should not be a zero increase
in the tax levy; it should be set it at the cap and contain necessary exclusions (
debt service, increases
in pension
costs, tax certiorari payments and
costs due to enrollment increases, etc.);
The
cost of
servicing the nation's
debt would have gone up rather than falling to its lowest level
in a generation.
The authority's finances improved this year with almost a $ 500 million increase
in tax revenues, and
costs such as energy,
debt service and pension contributions have decreased.
«
In spite of these challenges, we met both our
debt service obligations and personnel
costs.
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.
Out of an annual income
in the range # 27m - # 30m, the affiliation fees constitute about 27 % of income — a very significant proportion, but even if they fell sharply
in a year, the party could still meet its minimum annual
debt repayment and
servicing costs.
Earlier this month, a coalition of six Brooklyn community groups launched a campaign to stop both proposals, claiming that SUNY, the hospital's current owner, embellished its estimates of LICH's
debt and operating
costs in order to discourage operators» bids to create full -
service hospitals.
The statute will limit new
debt to 4 percent of net personal income
in the state, and it will also limit
debt -
service costs, he 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.
Apart from the
debt owed the
service providers, the contractor
in charge of the Assembly's landfill site demands not less than Ghc 100,000.00 per month from the KMA to meet its monthly operation
cost of about 1.4 million Ghana cedis.
A rise
in the global lending rate increases the
cost of
servicing debt and magnifies the risk of sovereign defaults
in general.»
In addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formula
In addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related
debt service, an extra
cost that is generally not included
in most charter - school funding formula
in most charter - school funding formulas.
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.
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.