article thumbnail

PACE Bill Due in Baltimore City

Green Building Law Update

A public hearing is scheduled tomorrow on a Property Assessed Clean Energy (PACE) loan program ordinance in Baltimore City. And legislation is scheduled for a vote in Frederick County on September 20 and in Baltimore County on October 3. A public hearing on Baltimore City Council Bill 16-0692 is scheduled for September 13.

Baltimore 120
article thumbnail

HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Under this July 19, 2014 guidance in the event of a default on a residential property PACE loan, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens. The guidance describes it as, the property may only become subject to an enforceable claim (i.e.,

Finance 120
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Contract Terms for Higher Profitability

PSMJ Resources

Receiving money up front, depositing it, and not crediting it to the client until the last invoice has been submitted allows you to avoid a bad debt, and earns maximum interest on the deposit. In addition to normal reimbursables, ask for reimbursement for items such as liability insurance premiums, computer time, and messenger services.

article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Assets - Liabilities) = Equity. -. Chart of Accounts Bad Debts. Chart of Accounts Bad Debts. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Liability. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Payroll Tax Liabilities. Cash On Hand. Profit And Loss Report.

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Maintenance That Is Never Performed.

article thumbnail

Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Business Oregon has selected a bond counsel firm with a pre-approved fee schedule. These bonds finance job creation and business growth for Oregon traded-sector, value-added manufacturers and processors by providing long-term debt financing for land, buildings and other fixed assets at a rate below prime. OTHER INCENTIVES.

Oregon 40
article thumbnail

Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Bad Debts. Chart of Accounts Insurance Liability. Your company Schedule of Values. Schedule of Values For Job Costing. QuickBooks Default Schedule of Values. Fixed List Of Your company Schedule of Values. Chart of Accounts Depreciation.