Share 'Episode 7 Ridley Park Financial Stress - Debt Growth & Debt Service Part 1 of 2'
Episode 7 Debt Growth and Debt Service Part 1 of 2
The third most important mandatory expenditure that is financed by Tax Revenues, especially for financially troubled municipalities, is usually Debt Service which is payment of interest and principal on debt.
The Gross Debt rose from $939,495 in 2001 to $2,574,479 in 2007. The debt in 2001 was carried over from Loans taken out in 1995 to pay f…
You can share this blog post in two ways…
Share this link:
Send it with your computer's email program: Email this