What is a tax-exempt municipal lease?
• Who qualifies for Tax –Exempt Lease? • Benefits of Tax-Exempt Lease • How Leasing expands you budget? 11:30 a.m. – 1:00 p.m. Trade Show Opens/Lunch Participate in the CSPTA Trade Show while you enjoy lunch. 1:00- 5 p.m. Breakout Sessions 1:00-2:30 p.m. 2:45-4:15 p.m. 1:00-5 p.m. BREAKOUT SESSIONS OFFERED AT THE CROWNE PLAZA (15500 E. 40TH AVE., DENVER COLORADO) Bell Time Panel Our panel will discuss and answer your questions from their experience regarding how the bell times in your district will make a huge difference on your ability to sustain your services in these times of budget cuts. Be ready to ask about the best practices in use that tackle the many issues that will come up as your work to tier your bus routes efficiently. Sports and activity schedules, too dark outside vs. civil twilight, too early for kids to learn or too late in the afternoon for them to stay awake, etc., etc.. These are just a few of the impacts and trade offs that you will have to balance as you strive t
A – A tax-exempt municipal lease is a financing transaction of the installment sale type in which the lessee is part of a state or local government, the payments consist of principal and interest, and at the end of the financing term the lessee takes full ownership of the asset financed for a nominal purchase option.
A tax-exempt municipal lease is offered only to state and local governments and their political subdivisions. They are structured as lease/purchases or conditional sales, both of which result in ownership by the government at lease end. Tax-exempt leases are typically far easier to execute than municipal bonds, as no bond referendum is required. Leases can be short or long, from one year to 10 years and beyond. The size of a municipal lease is virtually limitless, as is the range of equipment that can be leased.
