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The second reason is for cashflow. These reports should summarize the overall budget, potential change orders, cashflow, risks and more. You should break this report down by division including soft costs from hard costs (your costs vs costs that are subcontracted out).
architectural and engineering, interest incurred during construction, etc.). Property taxes are forgiven for a period of time to allow the project to cashflow. Typically, tax-exempt IRBs have interest rates ranging from 70-85% of prime and are limited to $10 million per single issuance and $40 million total maximum per company.
architectural and engineering, interest incurred during construction, etc.). Property taxes are forgiven for a period of time to allow the project to cashflow. TAX ABATEMENT: Cities, counties and school districts may use tax abatement to help finance certain economically beneficial projects.
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