Debt limit sentence example

debt limit
  • The debt limit is set by the city charter at 18% of the assessed value of the taxable real estate of the city.
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  • The constitution fixes the debt limit at $100,000 over and above the share of the territorial debt assumed at the time of the formation of the state.
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  • Its debt limit is 2% on the assessed valuation, and even that low maximum is not often reached.
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