SCHOOL BUS SAFETY
Need digital bus video systems NOW but do not have the budget?
We can offer extended payment options at low interest rates
designed just for municipalities with limited budgets.
DIGITAL BUS VIDEO SYSTEMS FINANCE SOLUTIONS
All rates, pricing and terms quoted, listed or stated on this page are for demonstration only, are subject to change and do not in any way constitute any offer at the provided, stated rates, pricing or terms. Complete information in the form of actual quotes and rates are available from the below listed sources who are available to assist you in municipal acquisition.

Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

 

September 4, 2007

 

Board of Education

 

At the request of Neil Coppola of FMI, this information pertains to the arranging of municipal financing for the new video systems. Municipal financing has played a major role in financing of equipment and vehicles for many years. With an ever-changing economic picture and changes to your tax base, municipal financing has never made more sense than it does now. Municipal financing can generate use while preserving capital.

  • Capital improvement use is maximized if it is acquired on a time basis as opposed to an up-front purchase.
  • Municipal financing provides many advantages that traditional financing does not.

 

Municipalities have utilized this form of financing for computers; vehicles, office equipment; two-way communications equipment, digital recording systems, E-911 systems, software, and in-car video systems. Our contracts are all billed in arrears (no advance payments or fees) and include the Non-Appropriation of Funds Language. If you are considering any other type financing, please make sure it includes this.

 

If you have any questions pertaining to this information, please feel free to contact me directly at 800-299-2982.

Sincerely,

Brad Schwoebel

Bradford D. Schwoebel
HIGHLAND PUBLIC CAPITAL                       

          


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984


Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

MUNICIPAL MONTHLY PAYMENT FACTORS
(Effective 10-1-06)

 

Please call for payments for the following:
**         All quotes $50,000 and above
**         All quotes below $5,000
**         Anytime you are in a situation where you need a more competitive rate or require special term or contract structuring
**         NOTE: For applications above $15,000, an annual payment structure is available where the customer has one year before the first payment is due

The factors below are for City, County, and State Government Agencies.

(Section 103 Entities ONLY)
**         Please call for Federal Government and Tribal Agencies rates
**         Please call for Volunteer Fire Department or Non-Profit Agency rates

 

Amount                                             24                    36                    48                    60

$5,000 - $14,999                                 .04767             .03271             .02523             .02079

$15,000 - $19,999                               .04722             .03239             .02499             .02059

$20,000 - $34,999                               .04631             .03177             .02451             .02019

$35,000 - $49,999                             .04533             .03107             .02390             .01969

 **         First monthly payment is due 30 days after you install product
**         Contract includes Non-Appropriation of Funds Clause
(Annual Funding Out/Cancellation Language)
**         There are no fees (filing, documentation, legal) of any kind
**         Financial Statements are generally not required for this structure on any amount up to $100,000

 

 


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984

 
Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

 

STILL WORKING WITH WORN OUT TECHNOLOGY?
In todays economic climate, many government agencies are more and more challenged to provide funding for essential equipment, vehicles, and services.

 

HIGHLAND PUBLIC CAPITAL is dedicated to helping you by providing tax exempt municipal financing. We provide creative solutions designed to overcome budgetary restrictions.

WE HELP YOU STRETCH YOUR TAX BASE AND BUDGETED DOLLARS.

 

HIGHLAND PUBLIC provides an economic alternative to traditional bond and conventional bank financing. The big differences are:

á       Municipal Financing does not require voter approval and eliminates the expense of bond issues

á       Municipal Financing is not considered a direct long term debt. Because of the Non-Appropriation of Funds Language (Annual Funding out Clause), Municipal Financing does not create debt for any longer than the current fiscal year.

á       Municipal Financing does not count against your constitutional debt limit.
Debt to fund balance ratios are very important in keeping a good rating as well as staying within statutory requirements.

Other Benefits of Municipal financing include:

á       Enhance year-to-year budgetary financing

á       Pay for equipment /vehicles over their useful life

á       Is a hedge against inflation

á       Lowers yearly expenditures

á       Strengthens your budget

á       Strengthens your cash flow position

á       Ties payments directly to tax income vs. expenses

á       Offers extremely flexible terms

á       Avoids inflation delay costs

á       Helps avoid obsolescence

 


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984


Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

MUNICIPAL FINANCE vs BANK LOAN vs BOND ISSUE
Description & Features
Municipal Finance
Bank Loan
Bond Issue
Immediate availability of equipment cost YES YES NO
Flexibility
Payments tailored to budget YES SOMETIMES NO
limitation and equipment For varying terms for
particular items of
equipment and as
required and needed
 In many cases, limited
items for department
equipment
 In many cases, limited
items for department
equipment
Rates set in advance YES SOMETIMES NO
Rates firm from date
of award until
equipment acceptance
 Rates are sometimes
fixed, but many
times adjustable
 Rate set on day
of closing
Includes Annual Funding-out Clause YES NO NO
Debt Obligation NO (1) YES YES
Affects Constitutional Debt Limit NO (2) YES YES
Additional Direct Costs
Financial Advisor NO NO YES
Bond Council NO NO YES
Accountant Escrow NO NO YES
Agent Fee NO NO YES
Trustee Fee NO NO YES
Printing Fees NO NO YES
Rating Agency NO NO YES
Underwriter's Opinion NO NO YES
Attorney Opinion Sometimes NO YES
Additional Fees NO Sometimes YES
In addition, indirect cost of a bond issue includes the amount of time spent by municipal officials
In addition, indirect cost of a bond issue includes the amount of time spent by municipal officials
working on the bond itself and the higher cost of equipment that could result by the potential
delays in the bonding process.
(1) Bank loans and Bond Issues are a direct debt and must be reflected as such for the full term
of the agreement. Municipal financing is not and the only amount that should be reflected is
each individual year of the contract.
(2) Bank loans and Bond Issues do directly affect your municipalities constitutional debt limit.
This does affect your financial ratings. Only municipal financing does not.
Note;
This site contains digital school bus video systems, a brief “Introduction To Digital Bus Video Systems” for those who are new to this product, “Buyers Guide To Digital Bus Video Systems” for those wishing to learn how to buy and spec systems to get the most for their school districts, along with Digital Bus Video BID Specs for those needing to require these systems on their buses.

These systems are designed to provide pupil transportation administrators with school bus surveillance and mobile video monitoring via digital observation surveillance providing an expert witness in case of problems. The digital bus video cameras listed on this site are tools to enhance the protection of children while on school buses.

Some of the digital school bus camera systems listed, are as follows;

DVR240m, DVR240MX, MicroView, MicroViewCF, FMI-GPS, FMI-MX, FMI-MICRO, FMI-CF. Most systems offer wireless data download, GPS tracking, cellular emergency communication, and security multi camera night vision systems.

Safety Vision digital school bus camera systems include the RR2C, RRCF, RR5C also known as the RouteRecorder series of digital school bus video systems.

Due to the rapid changes, variations in equipment and features & web master imperfection, FMI is not responsible for typos, incorrect features listed, incorrect pricing on this or any of our sites. Call or E-mail for official quotes or for bid submission.

All specifications on this site, features and pricing based on manufacturers information or event pricing and subject to change without notice.

©2000-2007 FMI All Rights Reserved.

Lease & Municipal Financing Options

Need digital bus video systems NOW but do not have the budget?
We can offer extended payment options at low interest rates
designed just for municipalities with limited budgets.
DIGITAL BUS VIDEO SYSTEMS FINANCE SOLUTIONS
All rates, pricing and terms quoted, listed or stated on this page are for demonstration only, are subject to change and do not in any way constitute any offer at the provided, stated rates, pricing or terms. Complete information in the form of actual quotes and rates are available from the below listed sources who are available to assist you in municipal acquisition.

Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

 

September 4, 2007

 

Board of Education

 

At the request of Neil Coppola of FMI, this information pertains to the arranging of municipal financing for the new ATX video systems. Municipal financing has played a major role in financing of equipment and vehicles for many years. With an ever-changing economic picture and changes to your tax base, municipal financing has never made more sense than it does now. Municipal financing can generate use while preserving capital.

  • Capital improvement use is maximized if it is acquired on a time basis as opposed to an up-front purchase.
  • Municipal financing provides many advantages that traditional financing does not.

 

Municipalities have utilized this form of financing for computers; vehicles, office equipment; two-way communications equipment, digital recording systems, E-911 systems, software, and in-car video systems. Our contracts are all billed in arrears (no advance payments or fees) and include the Non-Appropriation of Funds Language. If you are considering any other type financing, please make sure it includes this.

 

If you have any questions pertaining to this information, please feel free to contact me directly at 800-299-2982.

Sincerely,

Brad Schwoebel

Bradford D. Schwoebel
HIGHLAND PUBLIC CAPITAL                       

          


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984


Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

MUNICIPAL MONTHLY PAYMENT FACTORS
(Effective 10-1-06)

 

Please call for payments for the following:
**         All quotes $50,000 and above
**         All quotes below $5,000
**         Anytime you are in a situation where you need a more competitive rate or require special term or contract structuring
**         NOTE: For applications above $15,000, an annual payment structure is available where the customer has one year before the first payment is due

The factors below are for City, County, and State Government Agencies.

(Section 103 Entities ONLY)
**         Please call for Federal Government and Tribal Agencies rates
**         Please call for Volunteer Fire Department or Non-Profit Agency rates

 

Amount                                             24                    36                    48                    60

$5,000 - $14,999                                 .04767             .03271             .02523             .02079

$15,000 - $19,999                               .04722             .03239             .02499             .02059

$20,000 - $34,999                               .04631             .03177             .02451             .02019

$35,000 - $49,999                             .04533             .03107             .02390             .01969

 **         First monthly payment is due 30 days after you install product
**         Contract includes Non-Appropriation of Funds Clause
(Annual Funding Out/Cancellation Language)
**         There are no fees (filing, documentation, legal) of any kind
**         Financial Statements are generally not required for this structure on any amount up to $100,000

 

 


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984

 
Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

 

STILL WORKING WITH WORN OUT TECHNOLOGY?
In todays economic climate, many government agencies are more and more challenged to provide funding for essential equipment, vehicles, and services.

 

HIGHLAND PUBLIC CAPITAL is dedicated to helping you by providing tax exempt municipal financing. We provide creative solutions designed to overcome budgetary restrictions.

WE HELP YOU STRETCH YOUR TAX BASE AND BUDGETED DOLLARS.

 

HIGHLAND PUBLIC provides an economic alternative to traditional bond and conventional bank financing. The big differences are:

á       Municipal Financing does not require voter approval and eliminates the expense of bond issues

á       Municipal Financing is not considered a direct long term debt. Because of the Non-Appropriation of Funds Language (Annual Funding out Clause), Municipal Financing does not create debt for any longer than the current fiscal year.

á       Municipal Financing does not count against your constitutional debt limit.
Debt to fund balance ratios are very important in keeping a good rating as well as staying within statutory requirements.

Other Benefits of Municipal financing include:

á       Enhance year-to-year budgetary financing

á       Pay for equipment /vehicles over their useful life

á       Is a hedge against inflation

á       Lowers yearly expenditures

á       Strengthens your budget

á       Strengthens your cash flow position

á       Ties payments directly to tax income vs. expenses

á       Offers extremely flexible terms

á       Avoids inflation delay costs

á       Helps avoid obsolescence

 


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984


Phone: (205) 699-2675 Fax: (205) 699-2679
Watts: (800) 299-2982

MUNICIPAL FINANCE vs BANK LOAN vs BOND ISSUE
Description & Features
Municipal Finance
Bank Loan
Bond Issue
Immediate availability of equipment cost YES YES NO
Flexibility
Payments tailored to budget YES SOMETIMES NO
limitation and equipment For varying terms for
particular items of
equipment and as
required and needed
 In many cases, limited
items for department
equipment
 In many cases, limited
items for department
equipment
Rates set in advance YES SOMETIMES NO
Rates firm from date
of award until
equipment acceptance
 Rates are sometimes
fixed, but many
times adjustable
 Rate set on day
of closing
Includes Annual Funding-out Clause YES NO NO
Debt Obligation NO (1) YES YES
Affects Constitutional Debt Limit NO (2) YES YES
Additional Direct Costs
Financial Advisor NO NO YES
Bond Council NO NO YES
Accountant Escrow NO NO YES
Agent Fee NO NO YES
Trustee Fee NO NO YES
Printing Fees NO NO YES
Rating Agency NO NO YES
Underwriter's Opinion NO NO YES
Attorney Opinion Sometimes NO YES
Additional Fees NO Sometimes YES
In addition, indirect cost of a bond issue includes the amount of time spent by municipal officials
In addition, indirect cost of a bond issue includes the amount of time spent by municipal officials
working on the bond itself and the higher cost of equipment that could result by the potential
delays in the bonding process.
(1) Bank loans and Bond Issues are a direct debt and must be reflected as such for the full term
of the agreement. Municipal financing is not and the only amount that should be reflected is
each individual year of the contract.
(2) Bank loans and Bond Issues do directly affect your municipalities constitutional debt limit.
This does affect your financial ratings. Only municipal financing does not.


HIGHLAND PUBLIC CAPITAL
Of Service to School Boards since 1984
Note;
This site contains digital school bus video systems, a brief “Introduction To Digital Bus Video Systems” for those who are new to this product, “Buyers Guide To Digital Bus Video Systems” for those wishing to learn how to buy and spec systems to get the most for their school districts, along with Digital Bus Video BID Specs for those needing to require these systems on their buses.

These systems are designed to provide pupil transportation administrators with school bus surveillance and mobile video monitoring via digital observation surveillance providing an expert witness in case of problems. The digital bus video cameras listed on this site are tools to enhance the protection of children while on school buses.

Some of the digital school bus camera systems listed, are as follows;

FMI-GPS, FMI-MX, FMI-MICRO, FMI-CF. Most systems offer wireless data download, GPS tracking, cellular emergency communication, and security multi camera night vision systems.

Safety Vision digital school bus camera systems include the RR2C, RRCF, RR5C also known as the RouteRecorder series of digital school bus video systems.

Due to the rapid changes, variations in equipment and features & web master imperfection, FMI is not responsible for typos, incorrect features listed, incorrect pricing on this or any of our sites. Call or E-mail for official quotes or for bid submission.

All specifications on this site, features and pricing based on manufacturers information or event pricing and subject to change without notice.

©2000-2007 FMI All Rights Reserved.