Sentences with phrase «statutory debt capacity»

«Given the State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that New York prioritize its use of debt and capital resources, including the resources deposited in the DIIF and the other settlement resources, to ensure that they are used as effectively as possible,» the report found.

Given the State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that the State prioritize its use of debt and capital resources — including the (windfall) resources deposited in the (infrastructure fund)-- to ensure that they are used as effectively as possible, and with appropriate levels of transparency and accountability.