Assuming issuance up to the 2.25x ABT, well below actual current coverage, the structure could tolerate a 55.5% drop in pledged revenues, almost 21x the scenario results and 5x the largest actual revenue decline in the review period. Fitch believes that these results are consistent with the ‘AA+’ rating. Fiscal 2015 pledged revenues of $186 million are up for the fifth consecutive year and cover MADS (2021) by 8.1x. Based on MADS of $22.9 million, the sales tax revenue bonds could tolerate a 88% drop in revenues, 32x the scenario results and 8x the largest actual revenue decline in the review period. Issuing Entity Exposure Despite the very strong debt service coverage, the rating on the GRT revenue bonds is capped at the city’s IDR. Fitch does not view the pledged sales taxes as special revenues under section 902(2)(B) of the bankruptcy code, which defines ‘special excise taxes imposed on particular activities or transactions’ as special revenues. Additional information is available at ‘ www.fitchratings.com ‘. In addition to the sources of information identified in Fitch’s applicable criteria specified below, this action was informed by information from Lumesis and InvestorTools. Applicable Criteria https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31 ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS .
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Employers can choose to rescind the initial offer if you do not accept it. “Even if the job title is the same, it’s seldom an apples-to-apples comparison,” Joyce says. How important is health insurance? Is there any way we can increase the starting salary?” Conduct a personal SWOT analysis to understand your differentiators and the special skills or experiences that could make you a more valuable employee. “Most peoples in our country are not used to bargaining,” he says, “But if you don’t bargain, you’re not going to get all you should.” Get the factsAn employer that really wants you will give you as much time — within reason — as is necessary to decide. Be ready to walk away.