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Few states were more successful in resisting the onslaught of the Great Recession than NorthDakota. As most of the nation quickly plunged into economic deprivation at the end of 2008, NorthDakota’s fortunes soared and never looked back. All of that may be about to change, seismically, for the better.
State legislators now are busy arguing over how to spend a budget surplus estimated at up to $4.4 Brown believes legislators are overestimating the size of the surplus (the governor estimates it at no more than $1.2 What a difference three years makes. by the housing market collapse. billion, while legislators have projected $4.4
Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. rental business grew an estimated 18.6% This year, North American equipment rentals are expected to generate $33.5 For some firms, that has meant renting rather than buying.
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The key to that positive change resides in the same place in California it did in NorthDakota—buried more than a mile underground in the middle of a huge shale deposit.
million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.
There are an estimated 4,000 bridges in PA rated structurally deficient.]. Navagant Research forecasts that the global SGaaS market, estimated at $1.7 The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. waters, generating an estimated 360-million megawatts of clean energy at full capacity.
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