Debt service levy definition

Debt service levy means a levy authorized and limited by section 331.422, subsection 3.
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Debt service levy means a levy authorized and limited by section 331.422, subsection3.
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Debt service levy means levies made to retire the principal or pay interest on bonds, notes or other financial instruments that are indebtedness of the taxing district.
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Examples of Debt service levy in a sentence

  • Debt service levy for GO bond payments only.This budget was certified on or before April 16, 2018.

  • Debt service levy for GO bond payments only.This budget was certified on or before April 17, 2017.

  • Debt service levy for GO bond payments only.This budget was certified on or before April 15, 2011.

  • Debt service levy in this 2019 budget72,7&8$ 72,678-------- 0-14.

  • Debt service levy for GO bond payments only.This budget was certified on or before April 16, 2012.

  • I kept the calculations simple as these could become unnecessarily complex at this point in time.A few qualifiers which I assumed:• Issuing 10 year GO debt at 4%• The assumed interest rate is net of costs (no issuance costs included)• The amortizations are generally flat.• Operating levy remained capped.• Debt service levy remained uncapped.

  • This ANPR is issued under the authority of section 7 of the Endangered Species Act (ESA), as amended, 16U.S.C. 1531 et seq., and the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), 7 U.S.C. 136 et seq.

  • Debt service levy in this 2021 budget+$ 83,308 v $ 8,861,930 ,/ 346,232 ?14.

  • The Administration has advised the Board to increase Town’s Levy by the allowable amount in order to minimize the future impact of borrowing on the Town’s Debt service levy.

  • Debt service levy for GO bond payments only.This budget was certified on or before April 15, 2016.

Related to Debt service levy

  • Debt Service means, with respect to any particular period of time, scheduled principal and interest payments under the Note.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries, excluding amortization of debt discounts and deferred financing costs.

  • Debt Service Coverage Ratio means a ratio for the applicable period in which:

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.