Sentences with phrase «pay for the debt service»

«It would be as if you borrowed on behalf of someone else for their mortgage, but the mortgage was paid for by the other individual, so Erie County does not pay for the debt service associated with the borrowing.

Another $ 2.7 billion will pay for debt service on the Amtrak Gateway project to fix bridges and tunnels.

Not exact matches

EBITDA does not give effect to the cash that we must use to service our debt or pay our income taxes, and thus does reflect the funds actually available for capital expenditures, dividends or various other purposes.

«Much of the welfare state concept was always an illusion, one financed by lavish amounts of debt for which present and future taxpayers will pay in the form of higher taxes and reduced services during their lifetimes,» writes University of Calgary lecturer Mark Milke in a recent article.

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

A customer - service rep named Talia Jane, who worked for the company's food delivery arm Eat24, wrote an open letter to Yelp CEO Jeremy Stoppelmann on Friday explaining how she could not afford to pay groceries, had stopped using her heater, spent 80 % of her income on paying rent in San Francisco, and was «balancing all sorts of debt and trying to pave a life for myself that doesn't involve crying in the bathtub every week.»

Of course, often folks using these services for side - income must pay down debt or use the funds to cover other needs.

And unemployment means no pricing power for labor, no wages to pay off debts accrued during the bubble, a potential wage of foreclosures and a resulting set off layoffs in the service sector.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

The obligatory debt service could be paid for by having 900 or so fewer employees.

How can U.S. labor compete with foreign labor when employees and their employers are obliged to pay such high mortgage debt for its housing, such high student debt for its education, such high medical insurance and Social Security (FICA withholding), such high credit - card debt — all this even before spending on goods and services?

In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.

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.

They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.

At some point those debts have to be paid, which means less money for good and services.

For preferred equity and debt investments, EquityMultiple receives a servicing fee in the form of a «spread» between the interest rate being paid to them by the sponsor or originating lender and that being paid to investors.

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.

For the federal government, debt service is the interest paid on the national debt.

Pay Off Your Student Loans With Volunteer Work Through SponsorChange Amid the great music and movies (and, yes, parties) that will light up Austin, Texas, next month during the South by Southwest festival, a small nonprofit called SponsorChange.org will receive a community service award for finding a way to help college graduates battle student loan debt by volunteering.

Alaska residents pay more for goods and services than residents of many other states pay, and so it's no surprise that residents of the state has accumulated some debt over the years.

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.

And once we have the surplus, if that's capitalized all into debt service, how much can they afford to borrow from us in order — so that we can get paid their entire surplus for making loans for them?

Divide the business net operating income for a year by the amount of the total debt to be paid off (serviced) during that year.

Typical American wage earners pay about 40 percent of their wages on housing whose price is bid up by easy mortgage credit, and another 10 to 15 percent for credit cards and other debt service.

Bonlac could not service its debt and pay suppliers for milk and has since been taken over by Fonterra.

Finance Director Annmarie Mampe said Orland Park residents would pay about $ 5 more per month starting around 2017 or 2018, when the debt service for the new 60 - inch pipeline kicks in.

Alfred Agebsi Woyome was paid the sum of GHC 51 million as judgment debt for allegedly rendering services to the state during preparations towards hosting the African Cup of Nations in Ghana in 2008.

That debt appears to have been paid by mid-July, but the WFP was still paying thousands to DFS for fundraising and organizing services.

- credit rating agencies should be reformed - those paying for their services should be investors rather than the issuers of debt.

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.

Due to a clause in Puerto Rico's constitution stating that Puerto Rico must pay its debts before it can pay for anything else, social services on the island have been threatened and Medicaid has been dramatically scaled back.

The Cuomo administration hinted at the possibility of using the extra funds for debt service and pay for one - time capital expenses.

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.

This money helped pay for graduate medical education, and helped hospitals cover bad debt and charity care — services for patients who were too poor to pay or simply failed to pay their bills, for whatever reason.

For every dollar you give to the MTA, 20 % is going to pay off debt service.»

What: Press conference with a diverse set of community leaders — including some who were arrested for acts of civil disobedience during last year's «debt ceiling» debate — calling on their federal officials to demand a fair deal that protects jobs and services and ensures the wealthiest pay their fair share.

$ 12.8 million in debt service payments by delaying until February 2016 borrowing for capital projects, termination pay and tax refunds.

The budget calls for a $ 42.6 million reduction over last year's from $ 769.9 millions to $ 727.3 millions and is one Day believes builds for the future by saving money, paying down debt and continuing to deliver essential services.

It wants a security that future services will be paid for and an acceptable plan of paying previous debts plus immediate payment of $ 25million.

He proposed to limit debt service payments to 10 per cent of export earnings and refused to pay the IMF the arrears it asked for.

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I agree, i compare most dating sites to banks, once you meet someone you have finished with them and have no need for their services anymore, same with the banks once you have paid your debt off then they can't charge you interest anymore, basically what i am saying is dating sites say they want you to meet someone but they don't really as you will stop paying them in the end.

Of note in the LAO report is the agency's recommendation that during the transition to the new program the state could reduce a district's grant funding based on the amount of debt service the state is currently paying for that district.

Districts for which the state is not paying debt service would not have their grant funds reduced, the LAO said.

Property owners in the School Facilities Improvement District now have the burden of paying $ 1.27 billion in debt service through 2051 for the privilege of borrowing $ 179 million.

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.

However, note that for public - private partnerships, the DOT will require that debt service on the DOT credit instrument must be paid before the funding of any senior debt service reserve accounts.

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If they are getting the value they expect and want out of the service, then it may be worth it for them to pay a subscription fee that is cheaper than say, working with a professional debt counselor or debt settlement provider.

Through this, the Federal Government offers to pay off 60 % of your nursing education debt for two years of service at a qualified facility.