School Leasing
The squeeze is on! If your school is like most, funds are
just getting harder and harder to come by. Our tax-exempt school leasing
program may be your lowest and most cost effective non-debt financing solution.
This is very low interest school financing, without the
hassle of bonds. No public referendums, no costly legal compliance issues,
no protracted public hearings and no rate uncertainty.
Spread Your Costs
Over Multiple Budgets
...
and Multiply Your School Budget Dollars!
Why pay in advance--when you can spread the cost of essential
capital goods, vehicles and software over multiple budget
periods. It's
the Pay As You Go model, instead of pay for
it all in advance! And it makes sense.
A typical annual budget allocation, applied to a municipal lease payment
provides the financial leverage to put 3-5 times (the annual) amount into
service today! Unlike bonds, municipal leases do not create new
balance sheet for your district or your town. Because municipal lease
payments have to be "reaffirmed," by your governing body providing for those
payments in each new budget, the lease can be
terminated without penalty if funds not are available for any legal reason
after any fiscal budget period (e.g. funds are not appropriated). The
equipment would, of course, have to be returned, but the school would have no
ongoing legal liability.
Let Us Show You.
The very best way to "see" the specific benefits of school
leasing to your district, is to let us show you how far your
budget dollars can go when annual appropriations are
dedicated to a lease instead of one-off cash purchases.
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