How to Use debt service in a Sentence

debt service

noun

• The tax would help pay the debt service on the $300 million project.
  — Mike Cason, AL.com, 22 Mar. 2018
• The city will pay $300 million in debt service on its bonds.
  — Bill Turque, kansascity, 22 Mar. 2018
• There was no debt service paid for the village this year.
  — Hank Beckman, chicagotribune.com, 12 Nov. 2019
• Africa spends more on debt service costs than on health care.
  — Vanessa Kerry, STAT, 31 May 2024
• The length of the debt service varies depending on when the bonds were issued and the last one in Fort Lauderdale will end in 2049.
  — Wells Dusenbury, sun-sentinel.com, 11 Sep. 2020
• 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
• And meaning, a rise in rates affects debt service costs more.
  — WSJ, 9 Oct. 2018
• 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
• Reedy Creek issued bonds to pay for the construction and levies a millage on the district to pay off the debt service.
  — Gabrielle Russon, OrlandoSentinel.com, 6 Sep. 2017
• 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
• The tax would raise about $274 million to pay for various projects as well as debt service for the bond issue.
  — David Ibata, ajc, 11 July 2018
• Havre de Grace will repay the funds over 20 years, making debt service payments twice a year.
  — David Anderson, baltimoresun.com, 10 Sep. 2020
• Worker pensions, retiree health care and debt service make up about a third of the budget.
  — Allysia Finley, WSJ, 5 Oct. 2018
• When so much of our budget goes to debt service, we are misgoverned.
  — Mona Charen, National Review, 8 Nov. 2019
• About $25 million of the hike would go toward debt service on a capital plan.
  — John Byrne, chicagotribune.com, 24 Sep. 2021
• The entities' funding will largely go towards the debt service on the project.
  — Erin Edgemon, AL.com, 18 Apr. 2018
• Interest rates and the cost of debt service have fallen even further since then.
  — Nihal Krishan, Washington Examiner, 12 Sep. 2020
• Another 7 percent goes to the township's debt service, while 6 percent goes to the state.
  — John S. Marshall, Houston Chronicle, 30 Jan. 2018
• That number would increase to $5 million per year — or eight times the annual debt service on the bonds.
  — Frederick Melo, Twin Cities, 22 July 2019
• Well, Wicker said debt service on the new stadium will be about $11 million a year.
  — San Diego Union-Tribune, 3 Dec. 2021
• The second portion of the tax rate is interest and sinking, used to pay for the district’s debt service, which the district set at 46 cents.
  — Paul Wedding, Houston Chronicle, 9 Oct. 2019
• 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
• Connecticut borrowed more than $80 million some years to cover town grants, taking advantage of the exemption for debt service.
  — Keith M. Phaneuf, Hartford Courant, 30 Jan. 2024
• Initially, the fund was used to pay debt service — principal and interest — on the bonds Connecticut sells on Wall Street to finance repairs, improvements and upgrades to highways, bridges and rail lines.
  — Keith M. Phaneuf, Hartford Courant, 13 Aug. 2024

Last Updated: 13 Nov 2024