City might have legal right to cut sewer service (2096) Oct 3, 2009
Or be upfront with the city & say hey, we will pay, just say we don't owe so we can get a 2 for 1 on the balance sheet, which will drop the debt service ratio. Unless of course you are circling the drain with the bottom about to fall out. (Coos Bay-North Bend The World, OR)
Public hearings on sewer rate hikes likely this fall Aug 21, 2009
"The city has four outstanding revenue bonds and loans we've used in the past to fund the expansion of the wastewater treatment facility. The condition of the issuance of these bonds is to maintain the minimum debt service ratio of 1.25," Camara said. The debt service ratio is the ratio of cash available for debt payments and assurance of the city's ability to generate enough revenue to cover the cost of its debt payments. (Hanford Sentinal, CA)
Public Information Notice: IMF Executive Board Concludes Article IV Consultation with Brazil Jul 29, 2009
Debt service ratio (in percent of exports of goods and services). 66. (IMF News)
The Mill, Sandfest add jets to Independence Day celebration Jun 19, 2009
Do what ever it takes to get the debt service ratio back up. 80 grand blown in fees, would have thrown a pretty nice shindig for the kids don't you think. (Coos Bay-North Bend The World, OR)
March house prices down Apr 18, 2009
Looking ahead, Loos said: "Little changes to our expected outlook for 2009. Tough economic times make for a slow road back to health in the market. "The downward trend in debt-to-disposable income ratio is expected to resume in the first quarter and the debt-service ratio should get additional downward impetus from interest rate cuts this year," he said. He noted that improvements in the debt service ratio were a great predictor of future improvement in mortgage loan default rates and as such it... (iAfrica.com)
Park-Ohio Announces 2008 Results Mar 11, 2009
The Company presents EBITDA because management believes that EBITDA is useful to investors as an indication of the Company's satisfaction of its Debt Service Ratio covenant in its revolving credit agreement and because EBITDA is a measure used under the Company's revolving credit facility to determine whether the Company may incur additional debt under such facility. EBITDA as defined herein may not be comparable to other similarly titled measures of other companies. (PR Newswire)
Fiscal stimulus the way forward Mar 10, 2009
As far as Malaysia is concerned, there is much leeway to count on fiscal spending due to prudent fiscal management in the past that generally involved prepayments of external debts, preference for domestic non-inflationary sources of financing against external borrowings, low external debt service ratio of the Federal Government and operating surpluses. Deficits in the past arose from development rather than operating spending. (The Star Online, Malaysia)
