Town of Homer Summary of Issues Report January 2026
Enterprise Fleet Management Vehicle Lease Saves Homer $10,200 Monthly
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Description
The Town of Homer entered into an equity lease agreement with Enterprise Fleet Management in 2021 for fourteen vehicles. Eleven of these vehicles have since been returned, yielding an estimated $50,000 equity and saving the town approximately $10,200 per month. The agreement remains in effect for the remaining leased vehicles.
Contract Details
Contract Amount
approximately $13,000/month for fourteen vehicles, $10,200/month for lease savings after returns
Vendor
ENTERPRISE FLEET MANAGEMENT
Agency
Town of Homer, LA
Contract Type
EQUIPMENT
Document Date
January 31, 2026
Contract Term
Signed May 10, 2021, ongoing, current as of January 2026
Renewal Info
Current equity lease; vehicles returned as necessary, ongoing review of fleet needs. No explicit renewal or expiration date provided.
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Town of Homer Summary of Issues Report January 2026
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Town of Homer Summary of Issues Report January 2026
Town of Homer Summary of Issues Report January 2026
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