Infrastructure Deficit definition

Infrastructure Deficit means capital projects that are necessary to expand, upgrade, or rehabilitate the municipal infrastructure system and that have been deferred as they exceed the current funding capacity of the Municipality.
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Examples of Infrastructure Deficit in a sentence

  • The Contractor shall comply with the regulations set out in the most current edition of the Nova Scotia Traffic Control Manual for all on-street and shoulder works.

  • This is a summary of the findings of Hertfordshire Infrastructure and Investment Strategy (HIIS) Study, drawn from the HIIS Final Technical Report (August 2009), the HIIS Transport Technical Report (May 2009) and the HIIS Historic Infrastructure Deficit Report (March 2009).

  • Figure 2: Winnipeg Total Infrastructure Deficit Municipalities outside Winnipeg estimate the existing infrastructure deficit to be $4 billion.

  • Examples include repairing a bridge or rebuilding a road which are unfunded within an existing budget; • New Infrastructure Deficit refers to investments in new, projected or anticipated infrastructure assets that do not currently exist or the improvement of existing infrastructure assets, each of which are unbudgeted.

  • Additionally, among housing stock, nearly 10% of structures require major repairs.• Commuting Impacts: The influx of daily commuters to the city places stress on service provision, including infrastructure maintenance.• Infrastructure Deficit: The city currently has an estimated infrastructure deficit of $435 million.

  • Today, Canada’s municipalities have an estimated infrastructure deficit of $238 billion which is comprised of (see Appendix ‘C’): • Existing Infrastructure Deficit refers to the amount required to rehabilitate or replace ‘physically existing’ infrastructure assets beyond budgeted levels.

  • Australia’s Public Infrastructure Part of the Answer to Removing the Infrastructure Deficit | 27 FREIGHT RAILNature of Market: The industry can be considered as ‘above rail’ (locomotives and wagons) and ‘below rail’ (track).

  • A list of eligible zip codes can be found in Attachment 2, ARPA Infrastructure Deficit Areas Zip Code Listing.

  • One of the themes of the report is Municipal Infrastructure Deficit and Asset Management (Yukon Government, 2014a).

  • National Water Commission, Urban Water in Australia: Future Directions, 2011, Canberra 24 | Australia’s Public Infrastructure Part of the Answer to Removing the Infrastructure Deficit Nature of the Market: While large airports have some monopoly characteristics, regional airports are commonly accepted as having less market power.There is an accepted light-handed regulatory model for some larger airports in private ownership (Adelaide, Brisbane, Melbourne, Perth and Sydney).

Related to Infrastructure Deficit

  • Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments:

  • Operating Deficit means, for the applicable period, insufficient funds to pay operating costs when Cash Expenses exceed Cash Receipts, as determined by the Accountant and approved by the Special Limited Partner.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Unrealized Loss attributable to any item of Partnership property means, as of any date of determination, the excess, if any, of (a) the Carrying Value of such property as of such date (prior to any adjustment to be made pursuant to Section 5.5(d) as of such date) over (b) the fair market value of such property as of such date (as determined under Section 5.5(d)).

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Deficit means an excess of liabilities and reserves of a fund over its assets.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Unpaid Realized Loss Amount With respect to any Class A Certificates and as to any Distribution Date, is the excess of Applied Realized Loss Amounts with respect to such Class over the sum of all distributions in reduction of the Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to the Class A Certificates in respect of any Unpaid Realized Loss Amount shall not be applied to reduce the Certificate Principal Balance of such Class.

  • Unfinanced Capital Expenditures means, with respect to any Person and for any period, Capital Expenditures made by such Person during such period and not financed from any Net Cash Proceeds or Revolving Loans.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the immediately preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates: