FAISMFive-Axis Integrated Stepper Module
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Specifically, the exact level of annual FAISM transfers is
FAISM transfers available to municipalities for debt service is the
greater of either 25% of FAISM transfers in any given year or 25% of
mitigate against possible delays in the technical transfer of FAISM to
Municipalities pledge the federal contribution transfers (FAISM) that
The FAISM is a stronger source of payment when compared to other
from 2000-2011, FAISM has shown a compound annual growth rate of 11%, and
federal transfers, and c) FAISM is earmarked for investments in basic
the reliability of the stable cash flows from the FAISM, which by law
Fiscal Coordination Law establishes that the portion of their FAISM
equal to the greater of either: 25% of FAISM transfers in any given year