A situation where multiple authorities in a given geographic area have the ability to tax the same residents.
Related information about overlapping debt:
- Overlapping Debt Definition | Investopedia
The debt of a political entity, such as a state where its tax base overlaps the tax base of another political entity, such as a city within the state.
- Overlapping Debt - Financial Dictionary - The Free Dictionary
0.01 sec. Overlapping debt. The portion of debt of political subdivisions or neighboring special districts that a municipality is responsible for. Overlapping Debt ...
- What is overlapping debt? - InvestorWords.com
Definition of overlapping debt: A situation where multiple authorities in a given geographic area have the ability to tax the same residents.
- Overlapping Debt: Definition from Answers.com
municipal accounting term referring to a municipalitys share of the debt of its political subdivisions or the special districts sharing its geographical.
- Debt Summary
Overlapping debt includes all borrowings of other County agencies, incorporated municipalities, and special taxing or development districts, which may impact ...
- What is overlapping debt? - BusinessDictionary.com
Definition of overlapping debt: Liability incurred by a municipality or local government body in partly or fully financing programs or projects falling in the ...
- overlapping debt - Business Definition
overlapping debt definition: Debt of a municipality that is shared with another political entity. For example, a city may share responsibility with the county in which ...
- Bonded debt - Municipal Securities Rulemaking Board
Net Overall Debt or Total Direct and Overlapping Debt – Net direct debt plus the ... Overlapping Debt – The issuer's proportionate share of the debt of other local ...