Sentences with phrase «of debt service costs»

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

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.

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.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

By 2047, costs of servicing the debt are expected to total 6.2 % of GDP, up from 1.4 % this year.

The cost of servicing the exploding debt would exert tremendous pressure on the government to eliminate investments that could fuel growth.

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.

«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.

Greece has committed to attaining a primary budget surplus — excluding debt servicing costs — of 3.5 % of economic output by 2018 as part of its third bailout package since 2010.

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.

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.

Debt service costs have risen to 15 percent of GDP — just short of record highs — according to CLSA.

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.

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.

This would sharply enhance growth rates during the expansion phase, much like margin borrowing enhances returns when market prices are rising faster than the debt servicing costs, but at the expense of sub-par performance once conditions reverse.

As the gap widens, it creates rising uncertainty about how excess debt servicing costs will ultimately be allocated, and at the point at which this uncertainty is high enough to alter materially the behavior of economic agents, and so lower the net asset value of the economic entity, the borrowing country has «excessive» debt.

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.

To some extent, these concerns are allayed by the existence of natural hedges, such as foreign currency export income, although rising US dollar - denominated debt servicing costs at a time of falling US dollar - denominated commodity revenues would obviously be problematic.

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.

The non-partisan Congressional Budget Office (CBO) projects $ 10 trillion will be added to the federal debt over the next decade and estimates the cost of servicing the debt will triple over the next 10 years.

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.

As the rouble falls, the cost of servicing its mortgage debt will rise.

Unfortunately, a major portion of the cost of living has become debt service.

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.

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.

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.

3 It may seem willfully perverse to most analysts to suggest that a debt - equity swap does not reduce debt, but that is because most analysts do not think systemically and fail to consider the overall impact of these transactions on debt - servicing costs and on contingent liabilities of the government.

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.

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.

Higher borrowing costs would discourage business investment and raise the cost of servicing government debt to unhealthy levels.

Corporate gearing ratios remain conservative by historical standards and debt servicing costs remain low, reflecting the relatively low level of interest rates.

Their self - destructive real estate bubble has loaded down their labor force with high debt service and housing costs, whilst their giveaway of public infrastructure to insiders (with no price regulation) has led to high basic living costs.

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 falling world interest rates have reduced the servicing cost of foreign debt over the past two years, this has been offset by rising dividend payments on foreign holdings of Australian equity, reflecting the strong profit growth of Australian companies throughout this period.

At present, the properties generate a return of 2.39 per cent before debt service costs and 1.12 per cent after debt service costs and the sweat equity Jack invests by doing all repairs, yard work, and so on.

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.

Further, servicing costs of those households with debt are considerably higher than indicated by the average experience across the household sector, and have risen a good deal over the past ten years.

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.

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

If the proposal is defeated, the district's real estate tax rate would decrease to reflect the lower cost of debt service.

Many of the city's expenses — like health care, pension costs and debt service — are difficult to control, Walsh said.

«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.

· 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.

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,

The cost of servicing the nation's debt would have gone up rather than falling to its lowest level in a generation.

«In spite of these challenges, we met both our debt service obligations and personnel costs.