Sentences with phrase «state bond money»

The real story is why was Folsom, a federal dam, recently retrofitted with an auxiliary spillway and Oroville, a state dam, not retrofitted when there were ample state bond monies available?

Not exact matches

If Chapter 8 bankruptcy was an option, Simon says «prices of municipal bonds would plunge, and most states would find it pretty much impossible to borrow money.»

In recent months, the city has relied on state - backed bond money to meet payroll for its 10,000 employees.

Illinois» move earlier this year to withhold state money from cities over pension underfunding has raised a red flag that the practice could endanger bond payments.

In addition, cities, states, and taxpayers have concerns about the costs of bonds and borrowing, how to get the best return on banked or invested public money, and an interest in finding innovative ways to fund public spending without surrendering public control, as is often the case with public - private partnerships.

During the Renaissance in the 12th and 13th centuries, Venice and other city — states in Italy began issuing bonds as a way to raise money for wars and other ventures.

For your «Passive Income Recap» section, # 2 states that you should have money in Treasury Bonds, and I notice that you don't.

In surging, gold blurted out the Deep State Central Planners» strategy for dealing with the Great Financial Crisis: the hyperinflation of bond, equities and real estate prices via the hyperinflation of both official and totally clandestine, off - the - books money supply, in order to create the hyperinflation of tax revenues desperately required by the government to forestall its fiscal collapse.

If the whole thing — the rises in stock prices, in corporate earnings, in the housing market, even in job growth — is driven solely by the flood of money, or whether five years of zero - interest rates and trillions of dollars in bond purchases have succeeded at getting a more resilient economic engine for the United States up and running.

By contrast, businesses in the United States typically raise money by selling corporate bonds.

Like Taleb, states putting most of your money into bonds (90 %) and 10 % into speculative options is the best bet.

The debt ceiling refers to the maximum amount of money the United States Federal Government can borrow, and is set by law (created under the Second Liberty Bond Act of 1917).

It depends on the interest rate of the United States Treasury bond, which is considered the «risk - free» rate because Congress can always tax people or print money to wipe out those obligations (each has its problems, but the theory here is sound).

Then came the global financial crisis, reflexive risk aversion and the entry of state actors with limitless money - printing powers into the bond market via quantitative easing, mopping up whatever value was left in the low - risk bond space.

Much of the missing money concerns a $ 400,000 bond issue, which the park district approved to build a recreation center, Assistant State's Atty. Sanjay Tailor, said.

So China actually does stop lending money to the United States, and it did not really seem to hurt the popularity of US government bonds much.

The United States borrows money by selling bonds.

He further stated that the repayment of the bond money taken by Fayemi, was spread along seven years from the date of its approval.

«It is also on record that throughout Fayemi's tenure, the state was paying about N500, 000,000 (five hundred million naira) monthly to service all its commitment (both bond money and bank facilities).

While Fayemi spent the bond money for infrastructure development of the state, including major roads, street lightening, school renovation, government lodge / office, a civic centre, the Ikogosi warm spring resort and Ire Burnt Bricks Company, among others; Fayose had opted for white elephant projects including an airport and a flyover.

Therefore, by far the most likely way Governor Cuomo will pay for his $ 8.3 B pledge is by having the MTA borrow the money by selling bonds which the State will pledge to pay for.

The Democratic governor accepted the money — and his officials handed out the government business without competitive bids — despite federal rules that bar campaign contributors from receiving taxpayer - financed state bond work.

That's different than Onondaga County, he said, because the county will use money funneled from Turning Stone casino through the state to make the annual $ 2.4 million bond payments.

The deficit amount has been certified by the state comptroller, paving the way for the town to issue long - term bonds to raise money.

Though there is no legal requirement that the state approve an employee separation program, Town Supervisor Bill Wilkinson has maintained that the ability to borrow the money for its cost was crucial, and said the Legislature's failure last year to approve the town's request to issue bonds for it prevented it from moving forward.

Citing the three Wall Street downgrades, Hampton says the state is borrowing too much money by selling bonds.

In Yost's view, JobsOhio's principal funding source, bonds backed by state liquor revenues, was so closely tied to public money that he should be able to audit JobsOhio's books.

Government also emphasised that the proposed N20b bond was a strong indication that the state economy was robust as no bank will lend money without demonstration of proven capacity to repay.

And just because in the past someone got away with putting their thumb on the scale in support of a Transportation Bond Act which is spending money and it's not a little thing, but it's not changing the state constitution though.

Astorino added, however, that the state's bond rating improving wasn't necessarily anything to celebrate, considering that it will allow the state to simply borrow more money.

One of the key provisions calls for an annual bonding cap of $ 2 billion, promoted by Republicans concerned that the state has been borrowing too much money in recent years and can no longer afford the debt payments.

Mahoney proposed a $ 49.5 million bond to pay for construction of a concert amphitheater on the shore of Onondaga Lake, part of a $ 99.5 million economic development project to be financed with county and state money.

Legislator Schoenberger stated, «The county must be committed to using this money from the deficit bond solely for the purpose of eliminating the deficit.

With fully two - thirds of its money invested in domestic and foreign stocks, private equity and «absolute return strategies» (i.e., hedge funds), the New York State pension fund has a risky asset allocation profile typical of its counterparts across the country — because chasing risk is its only hope of earning 7 percent a year in a market where the most secure long - term bonds yield barely 2 percent.

Using the State Pension fund to legitimately lend the State money as an investment rather than the State issuing bonds for smoothing spending is an intelligent idea, but with the same terms and conditions as any bond issuance would have.

There are several proposals on the table to close the gap, including forcing Native American tribes to impose cigarette taxes, taking money from authorities and restructuring the state's tobacco bonds, according to the Times.

They noted the rule says it covers «any» PAC controlled by a financial firm serving as a state bond dealer, and it includes provisions designed to prevent banks from circumventing the rule by channelling money through PACs.

the rule says it covers «any» PAC controlled by a financial firm serving as a state bond dealer, and it includes provisions designed to prevent banks from circumventing the rule by channelling money through PACs.

«I am not saying this money should be given to states but be in form of bond depending on how Federal Government wants to design it because it is understood that if such huge money which may run into N2 to N3trillion get into states, it may cause inflation but to avoid such, a flexible term and measure will be applied by the Federal Government.

The candidate said the state can leverage the new money into roughly $ 12 billion in bonding over a seven - year period for upstate infrastructure and New York City's Metropolitan Transportation Authority.

While helping the state's immediate bottom line, refinancing would increase the amount of time the state has to pay back the bond money.

He said during the budget address that the bond money would be allocated using state formulas that determine distribution of general operating aid.

Thanks to some clever accounting and moving money from an arcane state economic development fund, we were able to bankroll the dome without any bonds or loans being issued — something almost unheard of it today when it comes to publicly financed stadiums.

Count 12 of the criminal charge, which bordered on conspiracy to steal and punishable under Section 516 of the Criminal Code law, Cap C. 16 Laws of Ekiti State, 2010 reads, «That you Dr John Kayode Fayemi and Mr Vincent Dapo Kolawole, while holding the offices of the Executive Governor of Ekiti State of Nigeria and Commissioner for Finance respectively, sometime between 2011 and 2014, within the jurisdiction of this Honorable Court, conspired to steal the sum of N2, 750,000,000.00 (N2.75 billion) being the sum of money earmarked in the Bond Prospectus titled; «Ekiti State Government of Nigeria, Offer for Subscription of N20, 000,000,000 (N20 billion).

Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the estimated cost of pre-K and the amount provided in the state budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.

The bonds are split among recipients throughout the state and the unused money during the first half of each year is reallocated in November or December.

The money will come from $ 108 million in federal stimulus funds, $ 210 million from bond sales, $ 42 million from the state, and an annual $ 65 to $ 75 million from a federal subsidy program.

Schools districts that rely on bond insurance to help them save money on the borrowing they do for construction projects and special programs could be affected by major ups and downs in that industry, at a time when many districts are already nervous about state budget cuts and a sagging national economy.

The Sequoia Union High School District in Redwood City, California (one of the wealthiest in the state), filed suit in May 2002 in San Mateo County Superior Court to stop Aurora Charter High School from receiving its fair share — either in the form of rent money or buildings — of the $ 88 million bond measure that Sequoia passed in 2001.

With little stimulus money expected to be left for construction after states make up for recession - driven budget cuts, districts are scrambling for some $ 24 billion or more in zero - or low - interest bonds under the $ 787 billion American Recovery and Reinvestment Act.