With more money than expected, Metro pays off some debt
Metropolitan Transit Authority bus riders get off at Missouri City park and ride bus on Sept. 21, 2022, in Houston.Metropolitan Transit Authority will end 2022 doing what a lot of people wish they could do: Paying down debt.
"This is a good move," said board member Terry Morales, chairwoman of the Metro finance and audit committee."We have the cash on our balance sheet and it is a good cash management move." "Every dollar we save is more money to invest in our operations and our capital build-out," Metro chairman Sanjay Ramabhadran said.The rate Metro pays for borrowing can vary, based on financial conditions. Recently, interest rates have increased, Fotinos told Metro officials, making an early payoff warranted.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Kris Wu Sentenced to 13 Years in Beijing Jail for Rape, Fined for $83 millionKris Wu, the Chinese-Canadian singer, actor and former ambassador of Louis Vuitton, Porsche, and Bulgari, has been sentenced to 13 years in prison for rape and organizing promiscuous group activities, Beijing Chaoyang District Court wrote in a statement.
Baca lebih lajut »
With Oakland A’s future uncertain, city to spend big on transit improvements around the proposed ballparkMajor street and transit improvements could be coming to West Oakland. But opponents of the new A’s ballpark are skeptical of the city’s intentions.
Baca lebih lajut »
'Cleaner Air Is Coming' as London Expands Vehicle Pollution Fee to Entire Metro Area'Around 4,000 Londoners die prematurely each year because of long-term exposure to air pollution, with the greatest number of deaths in outer London boroughs,' noted MayorofLondon SadiqKhan, who announced an expanded ULEZ to include all of metro London.
Baca lebih lajut »
Canadian E-Bike Company iGO Presents The New Metro CX CommuterCanadian e-bike maker iGO has launched the newest addition to its e-bike lineup, the Metro CX, a sensible urban-focused all-rounder.
Baca lebih lajut »
Metro Phoenix median home price poised to drop nearly $20K in NovemberHigher mortgage rates and affordability concerns are the main reasons home sales are slowing, prices are falling and seller concessions are climbing.
Baca lebih lajut »
Gross subway creep sexually abused women in Washington Heights and Bronx | amNewYorkTransit detectives are looking for the gross subway creep who sexually abused a pair of women at stations in Washington Heights and the Bronx in recent weeks.
Baca lebih lajut »