Debt service coverage ratio; requirements.

Neb. Rev. Stat. § 39-2927 — under HIGHWAYS AND BRIDGES.

Neb. Rev. Stat. § 39-2927

(1) The investment program shall maintain a debt service coverage ratio consistent with prudent fiscal standards and bond covenants. (2) No obligation shall be issued that would cause the debt or liability of the investment program to exceed available pledged revenue.