October 24, 2006

Hanscom Financials

http://www.massport.com/hansc/pdf/c_hansc_state_06.pdf

George was right..... Anyone have any idea why their amortization costs could be so high???

4 comments:

Bill Randell said...

Steve:

At least these are costs paid by MassPort not by the taxpayers in Bedford.

Bill

Anonymous said...

High amortization usually the result of high debt amt. or a short maturity or a high interest rate or some combo of these three

Bill Randell said...

Jahn:

It is such a large spike, I think that it needs to be a new loan that was taken with a short term.

Bottom line it is MassPort's money that they are playing with not the General Fund of the underlying city/town.

Anonymous said...

Off topic, but worth noting...

http://www.bizjournals.com/buffalo/stories/2006/10/23/daily10.html