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???
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On tomorrow night’s city council agenda, the city manager is proposing a
new (or perhaps expanded) ordinance about camping on public property, item
8.19A. ...
3 weeks ago
4 comments:
Steve:
At least these are costs paid by MassPort not by the taxpayers in Bedford.
Bill
High amortization usually the result of high debt amt. or a short maturity or a high interest rate or some combo of these three
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.
Off topic, but worth noting...
http://www.bizjournals.com/buffalo/stories/2006/10/23/daily10.html
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