Nice, but still not enough to cover debt service and (minimal) capital expenditures.

FORBES: Doghouse On Wheels

Still, that is more than twice what Salinas needs to cover his debt service.

FORBES: The Salinas touch

But lower-than-projected retail sales per square foot and later-than-expected openings in nonrestaurant retail mean sales-tax revenue from the project will fall short of what is needed to cover the debt service on the city bonds issued to help pay for the district's development, according to Troy Schulte, the city's budget officer.

WSJ: A Tale of Six Cities: How They Weathered Slump

The target was designed to keep big borrowers like Brazil from defaulting on their debt service by budgeting enough money to cover bond interest to foreign investors.

FORBES: Brazil On Target for Primary Budget Surplus

If they pursue them, they will likely turn to taxpayers to pick up the costs to cover the higher debt service payments the issuers will have to pay.

FORBES: Muni Bond Group To Washington: Hands Off Our Tax Exemption