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Leasing Benefits for Municipalities
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Preservation of capital dollars for other projects
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Spreads the cost of an asset over the useful life
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Low tax-exempt, fixed rates
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Alternative financing option without voter approval
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100% project financing (including soft costs)
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Subject to annual appropriation
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Examples of Essential Equipment
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Office Equipment (copiers, MFDs, etc.)
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Computers
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Safety and Security Equipment
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Fire Trucks, Police Cars, and Ambulances
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Phone Systems
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911 Emergency Equipment
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Garbage Trucks and Snow Plows
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Buses
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