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Need $38,000 any suggestions?

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  • Ladder5B
    replied
    She is using the 2000 census figures. I searched last night and found that if you search zip codes then it decreases our household income. I am trying that angle to make things look better.

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  • ktb9780
    replied
    Ladder5B what year data is she using and from what source? If it is based upon 2000 US Census then there is a distinct possibility it may be considerably changed since then. Check with your local and State economic development councils and State Census people if you can, and make sure the data is the most current you can get. Who knows, it may be off by $3000 in your favor and you could sucessfully argue that point as long as you have a statistical basis from a reliable source to argue the point from. No offense to the USDA but, I doubt they have done any of their own economical census data specific to your county and the last US Census was in 2000. Make surre a special census has not been done for your area or that data from another source might not be available.

    Plan B, head for the local bank and plead "Essential Community Services" and get a low interest loan, then work like hell with fundraisers etc. to pay it off quickly.

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  • Ladder5B
    replied
    I guess in one aspect I'm lucky, she is very excited to help us with this grant. I spoke with her today and the optimism went down hill. She looked up our median household income and it was $3,000 dollars higher than the state average. She said that she will work closely with her supervisor to do anything she can. My point is this: I don't care if our hosehold income is $500,000 dollars with a FD budget of $21,000 dollars I can't afford to pay attention. When you are at the tax levey 5% increases doesn't go far. Even with excessive levy appeals the increase is minimal. Hopefully the fire district will pass this fall so we can increase the tax levy.

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  • canton120
    replied
    Ladder,
    I wish I had your USDA rep! We applied the end of April for Grant/Loan funds from Rural Development. NOT ONE WORD FROM THEM.
    Good Luck on your app.

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  • ktb9780
    replied
    Keep us posted of any developments. Good luck!

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  • Ladder5B
    replied
    Great ideas everyone! Just an update: I am turning in the required paperwork for the USDA rural development grant. The local USDA administrator is every excited to help with this project. She said that she would be able to give us a yes or no answer by the middle of next week. Hopefully this will work out. If not, I have a lot of other ideas based on your suggestions.

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  • ktb9780
    replied
    neiowa to the rescue! I could not remember the name of that program to save my life the other day( Essential Community Services). Great advice from someone who has probably tried every program out there at one time or another. Experience is sometimes the best teacher of all. Kudos neiowa. Great info!

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  • neiowa
    replied
    And get a direct mailing out to EVERY resident of your fire district with the same story. Include a response envelope. For your potential large donors, include a stamped response envelope. You want to make it easy, if you dont' get a check back within a few days very low chance you will. And remail as required. If you have not done a direct mailing before (our #1 fundraising method) talk to your savy local elected official (state legislature types) and get their help. They are the experts in raising $ or they won't be going back to the legislature. "What works in this area to raise $?" is the #1 question and #2 is "Will you help me". Then generate a list for the "other" party so you cover those who swing the alternate direction of your politician.

    If you need a loan, go to local banks, not necessarily the mom/pop bank but talk to them also. You want an "Essential Community Service Loan". Every bank in the US has to make X% loans into the local community in order to meet fed/state standards and keep the bank regulators off their backs. A loan for a fire truck is an ideal place for their $ as the bank "knows" they are going to get repaid. You will need a simple letter from your city attorney describing the purpose of the loan and that it is an "Essential Community Service Loan" (as is most anything a fire dept NEEDS). Then get to negotiating term and rates to meet your anticipated cash flow. Your rate should be around 2pts below consumer rates as they pay no tax on the proceeds. The floor will be their cost of funds. As this varies you can anticipate the loan rate to change at some point/points depending on the term (same as a house loan, do you want the 3yr AMR, 15yr fixed, 30yr fixed). If you chose the fixed rate likely will be hirer as Mr Banker does not know where rates will be going. If you chose the longer term, the rate again may he higher as Mr Banker does not know where rates will be going. Get your negotiating hat on.
    Last edited by neiowa; 08-02-2006, 03:34 PM.

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  • dixiechicknc
    replied
    As several people may already have touched on, I would go straight to a local TV station, and bring them into the station. I would have your Chief contact them, and have a meeting (perhaps after contacting or attempting to contact your congress/senator). Then explain how you are waiting to take possession of a $225,000 apparatus that is only costing your taxpayers 5% (if that is your demographics) and that due to the cost overruns totally out of your control, you will be unable to do so. I would imagine you are replacing a very aged piece of equipment, if you were awarded the grant (most I have had the privilege of writing that were funded have been very old and unsafe)...show that on TV...talk about how unsafe it is, etc etc.

    GREAT news story, donations or corporate steps up...mention you thought you had a 'white knight' in the form of a local business want to partner with you to assist in absorbing the additional amount, but at the last minute bailed...all the makings of a brilliant 'Live at 6' exclusive.

    Then, you write up an editorial about how this appartus would have been such a blessing to the citizens and volunteers (a real tear-jerker) and you fax it to every newspaper in a 100 mile radius+. And you include your cell phone as contact info to field calls for comments, etc.

    Truly, this has the makings of a newsworthy piece that your citizens NEED to know about. Not about the crime, the disasters, etc. But, for once the FEDERAL GOVERNMENT is poised to GIVE your department a $225,000 fire truck and all you need is an additional small $38,000 due to manufacturer's overruns? It's a no brainer....there should be no loans...seriously. Your should be able to get enough businesses to step up when shamed by the TV and newspaper to do the right thing...

    Just my opinion, YMMV. Good Luck. If you need help writing the newspaper releases, I write all of ours for my department, let me know, I'll be glad to do it.

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  • ktb9780
    replied
    Your welcome!

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  • Ladder5B
    replied
    Thanks for all of your help. I may be contacting some of you once I contact our local banks and the USDA.

    Thanks again!

    Leave a comment:


  • SVFD732
    replied
    If you don't need the vehicle / equipment you are replacing, you can look into getting a trade-in credit for it. I know when we priced getting new Holmatro tools, we were told we could trade in our old Hurst tools to lower the price, and it was a few THOUSAND dollars savings.

    Leave a comment:


  • Greenacres2
    replied
    Originally posted by ktb9780
    No leases are "verboten" to AFG. Best bet is try for the extended term loan at USDA, or use a commerical bank with their " vital to community safety" clauses. Earl, what is that exact term they use for that program it is late on Friday and I can't think of it.
    Thanks for the vote of confidence, but it's even later on Friday and i've just gotten home from four hours in 2-layer nomex on a 90 degree/90% humidity night at the speedway. Man, it's so nice to have a valid excuse!!

    My first call would be to my Congressman's grant liason. In our district, she is an active part of all of my grant applications and we couldn't get along without her. (Thanks AMY EIZ***** for your efforts!!) Next call would be to my State Rep. Besides alerting them, i'd ask if it's okay for me to refer media to them for additional input.

    Got to to get to sleeep. Have a full day of first responder practicals tomorrow.
    earl

    Leave a comment:


  • BC79er
    replied
    The word options in your original post will probably key some people off thinking you gold plated something, but having been involved in many a truck spec in the past 2 years most of that $38K is steel pricing increases.

    The best bet is to work the local media all of the way up to the state level. Apparatus are part of a larger mutual aid picture regardless of where you are, so it doesn't matter how small, where they are parked or anything else, the truck will be a part of the state homeland security plan. It's probably a really long shot, but you're going to have to work all angles in this short time period. If you need a hand with the local government let me know, I've had to take on city hall for other people before over less money than that to buy things at 95% off. It's all about the delivery.

    Leave a comment:


  • ktb9780
    replied
    Originally posted by LVFD301
    There are numerous options for funding via a loan, even a municipal
    lease, $1.00 buyout at the end of the lease term. The only issue would
    be a legal one, they may want you to use the truck as colateral, and I
    am not sure if FEMA would like that.


    Your local banks are your best source, if you need some leasing contacts
    let me know.

    No leases are "verboten" to AFG. Best bet is try for the extended term loan at USDA, or use a commerical bank with their " vital to community safety" clauses. Earl, what is that exact term they use for that program it is late on Friday and I can't think of it.

    If all else fails, take a variable rate and start fundraising like hell! ALso I would get your plight published in the local press. If your citizens don;t know something is broke, no body will even bother to step up to help out. You might also tyr looking at CDBG money if your city has any, their funds can be used on other grant programs. If you want to discuss further give me a shout at 800-992-0272 EXt 1 on Monday.

    Leave a comment:

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