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2013 Public Facilities Implementation Plan Update - City of Manteca

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Table B-9<br />

<strong>City</strong> <strong>of</strong> <strong>Manteca</strong><br />

PFIP Water Fee<br />

Financing Assumptions<br />

Description Amount<br />

Annual Interest Rate 2.00%<br />

Term - Years 30<br />

Payments per year 1<br />

Loan Constant - Annual Debt Service (per $1,000) $44.65<br />

Annual Finance Cost (per $1,000) $11.32<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Manteca</strong>.<br />

Notes: Annual Finance Cost (per $1,000) = Loan constant at 2% - Loan Constant at 0%

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