Sentences with phrase «to pay off the bonds»

Over the long term, a growing percentage of general state aid — historically used to fund operations — has been going to pay off bond debt.

Revenue bonds finance projects that pay off the bonds with revenue generated from the project.

The college will kick in $ 1.6 million of the total cost through lease payments to the county that will pay off the bonds issued to help fund the construction.

They are of the believe this will help your loved ones to not have to deal with any debts you may leave behind as well as help pay off your bond and funeral costs.

Note that this only works if the issuer remains healthy enough to pay off the bonds at maturity and you don't need the cash sooner than whenever your bond matures.

That way the issuer can save money by paying off the bond and issuing another bond at a lower interest rate.

Right now, the district receives about $ 11 million a year from homeowners towards paying off its bonds.

This means the borrower is not able to keep up its interest payments or even pay off the bonds when they mature.

For example, consider a New York City bond that has a call provision, and suppose New York City decides to pay off that bond early prior to actual maturity.

Most of the balance goes toward paying off the bond on the $ 2.6 million facility or to procuring technology (the school sets aside 2.5 percent of its budget, or about $ 50,000 a year, for this purpose)[see N. Pandolfo, «Education Nation,» The Hechinger Report, 2012].

Several Park District officials have been convicted in connection with a four - year scheme to steal hundreds of thousands of dollars in property - tax revenues that were earmarked to pay off bonds on a recreation center.

They would use the estimated $ 2.5 million in annual Turning Stone revenues to pay off the bonds for the amphitheater over 30 years.

We assumed that in each period a 30 - year bond is issued at prevailing interest rates (long - term government bond plus 1 %) and that amount is invested for the next 30 years in a portfolio of large - cap stocks while paying off the bond as an amortized loan (as if it were a mortgage).

The country's reform program is under close scrutiny by its creditors — other European countries and the International Monetary Fund — and a successful review would release a substantial slice of rescue loans allowing Greece to pay off bonds due this summer.

They're also safer than a stock play: In case of bankruptcy, a company will pay off its bonds first, even before its commitments to stockholders.

The Park District hopes to pay off the bonds without raising taxes.

Insiders expect the city's Public Building Commission to work the deal, with the Chicago Park District paying off the bonds from its budget.

This is different philosophy from the «self - sustaining» Thruway envisioned by its creators after World War II, with tolls paying off bond costs over decades.

They print the money by monetising a government bond, the government pays off the bond with printing more money and the central bank slots the interest in the profit column.

The Bronx Charter School for Excellence needs to come up with an extra $ 500,000 a year to pay off its bond holders in New York and since charter school management companies can skim off 10 % of a Connecticut charter school's revenue by way of a «management fee,» the Connecticut taxpayer money Malloy wants to hand over will certainly come in handy.

If the city buys back the improvements, which is likely, it would then pay off the bonds with sales tax increments from Wolf Ranch.

If the Park District operates the course, it would generate $ 100,000 to $ 200,000 a year in profits, which would help pay off the bond debt, he said.

The village expects to pay off its bond issue in 15 years, and the Park District expects to retire its bonds in 2012.

If the company chooses to restructure, they might offer a tender to pay off the bond early and issue a new bond on different terms, but the coupon is fixed for the life of the bond.

The tax increase would go toward paying off bonds that were used for the $ 2.4 million purchase of the Christ farm, north of Illinois Highway 176 and east of Briarwood Road.

Eight other counties will receive a combined $ 5 million a year from the nation payment, with half of that going to Onondaga County, where County Executive Joanie Mahoney is using the money to pay off bonds for the county's new amphitheater near Onondaga Lake.

Advance refunding bonds represent a bond issuance used to pay off another bond, often issued at a lower interest rate.

The owner of a home valued at $ 150,000 pays about $ 120 annually to the Park District, with $ 40 going to paying off bond debt, he said.

The decline reflects that the Palatine - based district has paid off bonds that were issued for general improvements, district director Allen Baker said.

Most of the expense will have to be bonded out by one authority or another — but they'll still have to pay off those bonds.

The assemblyman also suggested than an additional $ 2 million could come from the Peace Bridge Authority once they pay off their bonds and dissolve.

«It is not exactly «money in the bank» because we have not sold the bond yet and we haven't collected taxes from our tax base to pay off the bonds, but we do have voter authority to sell the bonds as long as we fall within our debt ceiling capacity,» he told LA School Report.

In addition to the base tax of 1 percent of assessed value, property owners often pay additional school taxes for two purposes: to pay off bonds issued to fund school construction and to fund ongoing education costs through what are called parcel taxes.

The increase in revenue could then be earmarked to pay off the bonds.

Returning to our earlier example, if XYZ gets into trouble due to poor management and earnings, its ability to pay off its bond debts may come into question.

In addition, corporate bonds are often callable before maturity, meaning an issuer can pay off its bonds early.

When you buy a bond issued by a corporation — General Electric for example — you are depending on the issuer to make to you the regular interest payments on the bond and pay off the bond's face value when the bond matures at a specified date in the future.

That, or if you have the money to pay off the bonds, you do.

Bond cover is life insurance that will help you to pay off your bond in the event of death.

Schwarz's office is supposed to issue a recommendation as to whether the state can expect to recoup revenue from FF to pay off those bonds.

• Buy to rent: usually leveraged with the rent receiving being used to pay off the bond • Developers of new homes

With «property always on her mind», Nosizwe decided to free herself up to pay off another bond this time for a property to develop for herself.

Over time, added property tax revenue from the district goes to pay off the bonds.

The trust then uses the money made off of these mortgages to pay off the bonds to their investors.