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Toronto government debt : ウィキペディア英語版 | Toronto government debt The Toronto government debt is the amount of money the municipal government of Toronto borrowed to finance capital expenditures. Under the City of Toronto Act, the Toronto government cannot run a deficit for its annual operating budget. In addition, City Council has set the limit of debt charges not to exceed 15% of the property tax revenues. As of the end of 2012, the total debt stood at CDN$3.7 billion. == Debt breakdown == Toronto government's debt consists of debentures or municipal bonds issued through the markets at rates advised by the "syndicate". They are purchased by institutional investors and private investors. Majority of the debt is domestic and held in Canadian currency.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Toronto government debt」の詳細全文を読む
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