60) Under the special fund doctrine, when bonds are repaid from "special funds" rather than from a municipality's general fund, those bonds do not count toward the municipality's constitutional debt limitation
5 percent debt limitation
ratio to revenues that the city faces.
Yet another would be to propose and campaign for a combined tax and debt limitation
constitutional amendment, which would stop the issuance of gross federal debt at, say, $5 trillion and shackle Congress's power to replace debt issuance with higher taxes.
5 billion revolver, roughly $829 million was available at last year-end, and the company was well within the debt limitation
of 60% of total capital and a minimum interest coverage requirement of 3.
3 per cent of GDP, exceeding the legal limit of 60 per cent fixed under the Fiscal Responsibility Debt Limitation
14000 billion which was also in violation of Fiscal responsibility and debt limitation
law which does not cross debt to GDP ratio to 60 percent.
Standing committee asked the officials to given complete details of Fiscal Responsibility and Debt Limitation
Act (FRDLA) 2005 and tell that how amendments can be made in this act and circulate the copies of this act among members.
0 percent permissible under the Fiscal Responsibility and Debt Limitation
Act (FR&DLA) stands violated with impunity by the government because of endless borrowings from banks and foreign institutions.
Heavy borrowing during the last four years has brought the debt to 55 percent of GDP, which is almost near the limit of the Fiscal Responsibility and Debt Limitation
The plaintiff, Bogota Mayor Steven Lonegan, argued that because appropriations-backed debt binds the state to paying the debt out of general revenues, it is subject to voter approval under New Jersey's so-called Debt Limitation
Non-recourse acquisition financing (a debt limitation
covenant carve out under the indentures);
Replying to a question, Kaira said that in the presence of Fiscal Responsibility and Debt Limitation
Act, no government could borrow more than 60 per cent of the Gross Domestic Product (GDP).