Municipal Leases

STATE OF NEW HAMPSHIRE:  $200,000 tax-exempt lease purchase for a printing press. . .  ILLINOIS HIGH SCHOOL DISTRICT: $493,000 tax-exempt lease purchase for fitness equipment. . . WASHINGTON FIRE DEPARTMENT: $1,285,000 tax-exempt lease purchase fire trucks. . . CALIFORNIA SCHOOL DISTRICT: $1,900,000 tax-exempt lease purchase for the acquisition of administrative offices. . . VIGINIA SCHOOL DISTRICT: $333,000 tax-exempt lease purchase for modular classrooms. . . SEASIDE HEIGHTS VOLUNTEER FIRE DEPARTMENT: $760,000 tax-exempt lease purchase for fire trucks. . .

	Tax-exempt Leases...
In this era of tight operating and capital budgets, Municipal Leasing is an effective and simple method for providing the capital equipment needed to provide essential services--education, public safety, water and sewer etc. while improving cash flow management.

What is a Municipal Lease?

A Municipal Lease or Lease Purchase is essentially an installment sales contract.  Properly structured with annual renewals a municipal lease constitutes a current expense of the municipality and does not create debt.  Because the interest is exempt from federal tax, a tax-exempt lease offers the municipality a significant cost savings when compared to conventional leasing.

Additional Information:

• Who's Eligible?
• Why Lease?
• What Can Be Leased?

Specialty Products/Clients:

• Qualified Zone Academy Leases (Tax credit leases)
• Charter School Finance
• Conduit Financing for Non-profits
• Tax-Exempt Operating Leases