Bankruptcy Inventory Massachusetts Transportation 
Buisness Facilities Contributed Content
APRIL 15, 2014
Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. That is, for property with a fair market value of $1 million, the assessed value would be $200,000. The combined state and local millage rate would then be applied to the assessed value. For more information, please visit this link.
Buisness Facilities Contributed Content
MARCH 21, 2014
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Expand infrastructure connected with existing fleets, public transit and transportation corridors. The program ends December 2016.
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