Amortization Explained

City officials often run afoul of their local business communities when attempting to enforce amortization schemes which specify specific time periods during which it’s assumed sign users have the opportunity to recoup their investments in existing, non-conforming signs. As explained here, however, the basis for amortization is fundamentally flawed because no actual compensation is received by the businesses which must remove their existing signs, nor is any compensation given for the loss of advertising exposure which often accompanies these mandates for removal of existing signage.

 

What Does Amortization Mean for Signage?

 

Bill Dundas

Bill Dundas

Bill Dundas, a 40-year veteran of the on-premise sign industry as a fabricator, installer and journalist, is President/Executive Director of the Foundation for the Advancement of the Sign Industry (FASI).

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Posted in Amoritzation.