How to Use debt service in a Sentence

debt service

noun

• The tolls collected to pay for Phase 1 of the LA 1 project do not fully cover the debt service.
  — David Jacobs, Washington Examiner, 2 Mar. 2021
• That money is spent on debt service and services around the theme parks and resorts.
  — Michael Hiltzikbusiness Columnist, Los Angeles Times, 4 Apr. 2022
• The city could pay off all the debt service and maybe finally see some life in what’s the deadest part of downtown.
  — Sharon Grigsby, Dallas News, 10 Sep. 2021
• Also, there is a question over whether the money could be used for debt service.
  — Mike Cason | [e-mail], al, 16 June 2021
• Any debt service abatement proposal will come to the board in March.
  — Rafael Guerrero, chicagotribune.com, 22 Dec. 2021
• Maryland lottery proceeds will be used to pay debt service for the project, which is still in the planning stages.
  — Dave McMillion, Baltimore Sun, 18 Apr. 2022
• About $25 million of the hike would go toward debt service on a capital plan.
  — John Byrne, chicagotribune.com, 24 Sep. 2021
• Well, Wicker said debt service on the new stadium will be about $11 million a year.
  — San Diego Union-Tribune, 3 Dec. 2021
• This bill makes no provision as to how that debt service is going to be assumed.
  — Eric Levenson and Dianne Gallagher, CNN, 21 Apr. 2022
• Bagley said that the state can cut 10 years and $10 million annually off the debt service by waiting.
  — Rochelle Olson, Star Tribune, 26 Jan. 2021
• The second phase of the school modernization project added $1 million to debt service.
  — Jesse Leavenworth, courant.com, 9 Mar. 2021
• Proceeds from the state lottery — as much as $25 million per year — would be used to pay debt service on bonds needed to finance the projects.
  — Jeff Barker, baltimoresun.com, 2 Feb. 2022
• Poole said the expects the annual debt service to be about $45 million to $48 million once all the prison financing is in place.
  — Mike Cason | [e-mail], al, 30 June 2022
• If debt service is not abated, the average tax bill will increase by about 2.5%.
  — Rafael Guerrero, chicagotribune.com, 22 Dec. 2021
• When debt service costs are included, the deficit figure grows to $1.9 trillion.
  — Jane C. Timm, NBC News, 17 Sep. 2023
• In low-income economies, debt service ate up a median of 28% of revenue, a more than two-fold increase.
  — Alexander Saeedy, WSJ, 29 Nov. 2022
• Even before the pandemic, more than 60 countries were spending more on debt service than on health care.
  — Dan Beeton, Fortune, 22 Apr. 2022
• Something else that was cleaned up this past year was the city’s financial books related to expired debt service funds.
  — John Benson, cleveland, 23 Dec. 2021
• However, this increase is negated by the decrease in the debt service levy, according to city staff.
  — Emily Little, chicagotribune.com, 9 Nov. 2021
• The airport has also used previous rounds of funding for debt service and other costs.
  — Alison Sider, WSJ, 22 June 2021
• If the economy keeps expanding at its recent rate of 1.75% to 3% a year, that will help keep debt service under control.
  — Michael Hiltzik, Los Angeles Times, 2 Nov. 2021
• States paid 22% to districts for capital outlay and debt service.
  — Christina Zdanowicz, CNN, 18 Sep. 2022
• For decades, the M.T.A. has financed projects by floating bonds that have created an onerous debt service burden.
  — Ana Ley, New York Times, 11 Apr. 2023
• The bill also would gradually increase the amount of state lottery proceeds that can be used to pay debt service on the bonds — from $20 million to up to $90 million per year.
  — Jeff Barker, Baltimore Sun, 8 Apr. 2022
• The district levies taxes on the landowners to support its operations and debt service.
  — Gene Maddaus, Variety, 6 Feb. 2023
• City leaders plan to use $50 million in impact fees to pay the debt service which will help keep the secondary property tax rate from increasing.
  — Paulina Pineda, The Arizona Republic, 3 Nov. 2021
• This financial year, Pakistan’s debt service will reach 174% of revenue, according to the IMF.
  — Alexander Saeedy, WSJ, 29 Nov. 2022
• Delta, which uses Terminal 4 as a hub, will pay debt service on $1.4 billion of the bonds, agency officials said.
  — Paul Berger, WSJ, 22 Apr. 2021
• Since this is unlikely, the projects usually end up in the hands of a successor manager, but with a much smaller debt service cost.
  — Richard Lehmann, Forbes, 7 Nov. 2021
• Already, a fifth of Congo’s oil revenue is funneled straight into debt service.
  — Kate Aronoff, The New Republic, 22 Mar. 2021

Last Updated: 28 May 2024