2013 Public Facilities Implementation Plan Update - City of Manteca
2013 Public Facilities Implementation Plan Update - City of Manteca
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%