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Families will still have the option of borrowing to pay their share of the bill.
The county has about $25 million available to buy farmland development rights this year, and the option of borrowing $21 million more.
States that come up short have the option of borrowing from the federal government, but if the loan is not paid back within the federal fiscal year, 4.7percentt interest is accrued, which cuts into states' general funds.
Market tensions began easing late last year after the European Central Bank drove down funding costs to the Continent's ailing financial institutions with the introduction of longer-term refinancing operations, which gave banks the option of borrowing as much as they wanted at the benchmark interest rate of 1 percent against collateral.
The eReader also supports EPUB and PDF documents, so customers can enjoy the option of borrowing and reading free eBooks from their local library.
With a whole life policy, full payout is guaranteed and offers the option of borrowing against the policy.
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At the time, Treasury officials concluded that the best option, if they ran out of borrowing authority, was to hold back on all of a given day's payments until they had enough money in federal coffers to write checks to meet all obligations for that day.
At the time, Treasury officials concluded that the best option, if they ran out of borrowing authority, was to simply not make a given day's federal payments until Treasury had enough money to write checks to meet all obligations for that day.
The option of lowering the cost of borrowing below zero has been on the cards for Japan's central bank since the early 2000s and it was the first in the world to consider it.
As millions of customers woke up to the value of exercising their option to borrow, the insurance companies began to lose money, and several went bankrupt.
Options, which arose in the 1970's, are a form of borrowing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com