Report to Virginia debt advisory panel paints rosy picture

Resnick, Amy B.
December 1997
Bond Buyer;12/11/97, Vol. 322 Issue 30290, p4
Trade Publication
States that Virginia has the capacity to authorize between $445 million and $450 million in tax supported debt from 1997 to 2007, while limiting total debt service to 5 per cent of state revenues. What the preliminary revenue projections for the 1999-2000 biennium show; What resulted in the increased debt capacity; Comments from Finance Secretary, Ronald L. Tillett.


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