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Presentation - #21
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Presentation - #21
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2/10/2021 5:01:58 PM
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2/10/2021 5:01:51 PM
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City Clerk
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2/2/2021
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Example of ADP Targeting Strategy10‐Year Strategy: •Utilized for short term budget / cash flow relief30‐Year Strategy: •Utilized for maximum interest cost savings$0$20,000$40,000$60,000$80,000$100,000$120,000$140,000$160,000$180,0001 2 3 4 5 6 7 8 9 101112131415161718192021222324252627282930TARGETING STRATEGIES$1 Million UAL: 10‐Year vs. 30‐Year Amortization 10 Year = $1,413,000 Payments 30‐Year = $2,761,000 PaymentsWe select which layers to pay, which can make a big difference in savings
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