Examples of Fiscal distress in a sentence
Fiscal distress is determined by finding that a local educational agency (LEA) has more than one of the Indicators of Risk or Potential Insolvency as determined by FCMAT.
The technical cooperation segment continues to be the main funding source of UN-Habitat, followed by foundation special purpose.
Fiscal distress included the following criteria: full valuation per capita less than 50 percent of the statewide average; less than 40 percent real property tax capacity; population loss greater than 10 percent since 1970; and a poverty rate greater than 150 percent of the statewide average.The Budget contains measures intended to help local governments with their long-term planning, including a multi-year funding structure.
Fiscal distress refers to both short-term and long-term fiscal difficulties that municipalities may face (Carmeli, 2008).
This saves users the cost of collecting new data each time it is required.• Data uniformity: Indicators should be based on uniformly collected and defined data.• Data collection frequency: Indicators should be based on data that is collected at regular andscheduled intervals, which allows “apples to be compared with apples”.• Discern progression: Fiscal distress does not happen overnight but is often a non-precipitous process.
Fiscal distress measurement is common in the developed world (North America and Europe).
Under the change-of-use scenario, in order to allow effective and efficient change-of-use we anticipate a requirement to complete large-scale reconfiguration.
Fiscal distress can be categorized by the following criteria: 1) the family poverty rate is 125% or more of the national poverty rate; and 2) the per-capita income is less than 75% of the national average.
Fiscal distress is a multi-dimensional concept with financial, fiscal and socioeconomic aspects.
Fiscal distress describes a situation where there is an imbalance between the level of financial resources committed by a municipality and the potential available resources (Kloha et al., 2005).