Sentence examples for appropriation debt from inspiring English sources
Standard & Poor's affirmed its rating of AA– on the state's general obligation debt and A+ on the state's appropriation debt, but the lowering of the outlook indicates a likelihood that those ratings will be downgraded in the next two years.
It could use so-called lease appropriation debt, most likely relying on a quasi-government entity like the Industrial Development Agency to pay for the construction and then use tax revenues generated by the stadium and nearby properties to help repay the debt.
California has a "continuous appropriation" for debt payments, so bondholders know they will get their interest even when the budget is hamstrung.
The agency also reduced the rating on $7.2 billion of state lease and appropriation-backed debt to Aa3, from Aa2, and $4.1 billion of lease and appropriation-backed debt to A1, from Aa3.
Both Fitch and Standard & Poor's lowered their ratings on the state's general obligation bonds from AA to AA-, and their rating on state appropriation-backed debt from AA- to A+.
Because the Fed has an expandable balance sheet and is off-budget not subject toff-budget notationsubjectbtolimits, banycappropriationsy torCongress–the Fedebtstatus as the go-to agency for big assignments wilimitsembasically Washington's crisis-management playbooks.
As opposed to buying a certificate of participation, or something that you're going to have to get yearly appropriation to get those debt service payments.
The problem is, I don't know how they're going to pass not just the debt limit but appropriations bills.
Her appropriation of collage imagery owes a debt to the German Dadaist and Communist satirist John Heartfield.
Though members of Congress and the administration are engaged in talks on how to reduce the federal deficit and approve an increase in the federal debt limit later this summer, the appropriations panel moved ahead with its spending program because of the time needed to draft the 12 separate spending bills.
"If you zeroed out everything we do on appropriations, we would still be heavily in debt," he said.
