Showing posts with label lgu. Show all posts
Showing posts with label lgu. Show all posts

Sunday, February 6, 2011

Statement of Debt Service

Debt service is the amount you pay on a loan in principal and interest, over a period of time. Usually debt service is calculated for a year. - Source

The government has a statutory ceiling of 20% on debt service.

Below is the Municipality of Baco's Statement of Debt Service for the Year 2010