Not exact matches
Investors in Puerto Rico's
bonds argued in court Tuesday over which group has a claim on
sales - tax
revenue that could be used to recoup their money.
Higher retail
sales, higher home prices, and general economic strength should generate more
revenues for municipalities, which could also mean reduced issuance of new
bonds and lower muni yields for investors.
The funds would come from reserves,
bond sales and
revenues generated by the golf and pool facilities, he said.
Other
revenue sources would include program fees, equipment rentals, food and merchandise
sales, and income from investing the
revenue bonds.
Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current
revenues, temporary borrowing,
bond sales, federal and state grants, loans or advances.
The city, benefiting from an economy that boosted
sales and income tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion of
bonds backed by that
revenue to pay for capital projects.
They also say the proposal does not tell voters that the
bonds will be paid through higher local property taxes if
sales tax
revenues are insufficient.
While state officials would periodically chip in on capital costs from the 1950's to the mid-1990's by putting forth
bonds and
sales tax
revenues every decade or so, according to Leanne Winner, director of governmental relations for the N.C. School Boards Association (NCSBA), the state generally adhered to its commitment of funding operations.
In addition to the TIFIA credit assistance, the $ 2.722 billion project is funded with $ 715 million in toll
revenue bonds, $ 74 million in toll receipts, $ 144 million in state and local
sales tax deferrals, $ 547 million in state fuel taxes, $ 819 million in Direct GARVEE
bonds, and $ 124 million federal formula funds.
In addition to the TIFIA loan, Phase 3 utilized $ 276.5 million in
revenue bond proceeds and cash backed by 1.0 %
sales tax and farebox
revenues and $ 600,000 in Section 5307 funds.
Rating agencies look into the municipality's financial solvency including
sales tax, property tax and investment
revenue as well as other financial information and then rates the school
bond issuance.
They will either use property
sales tax
revenue or they will issue debt in the form of
bonds.
General obligation
bonds General partner General securities firms Glass - Steagall Act of 1939 GNMA Good delivery Good - faith deposit Good - faith margin account Good»Til Cancelled (GTC) order Government
bond Government National Mortgage Association Government securities principal Green shoe offering Gross investment income Gross -
revenue pledge Group net order Group
sales GTC order
Naked option NASD NASDAQ National Association of Securities Dealers National exchanges National Market System National Medallion Signature Guarantee National Securities Clearing Cooperation (NSCC) National securities exchange NAV Negotiable Negotiated market Negotiated underwriting Net Asset Value Net capital Net capital ratio Net interest cost Net investment income Net
revenue pledge Net proceeds Net worth New issue Nine -
bond rule NMS No - load fund Nominal quote Nominal yield Non-cumulative Nonparticipating preferred stock Nonrecourse loan Non-systematic risk Non-tax-qualified annuity Notice of public offering Notice of
sale NYSE NYSE Composite Index
MELA or FAME Student Loan
Revenue Bonds described in an Official Statement may not be offered or sold in any jurisdiction in which such offer or
sale would be unlawful prior to their registration, qualification or exemption under the securities laws of such jurisdiction.
MELA or FAME Student Loan
Revenue Bonds described in a Preliminary Official Statement may be offered, if at all, and may be sold, only by means of a final Official Statement provided by broker - dealers authorized and properly registered and licensed to make such offers and
sales, and will be made only in accordance with applicable federal and state securities laws.
This article discusses that the Port of Los Angeles will price a nearly $ 220M
revenue bond financing — representing the first green
bond sale by a port.
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Kansas and Nevada have laws allowing so - called STAR (
sales tax and
revenue)
bonds.