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, 2012.

  • 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 for GO bond payments only.This budget was certified on or before April 15, 2013.

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

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

Related to Debt service levy

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

  • 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.