A. The Final Judgment Validating The Agency’s Revenue Bonds That Finance Storm

Board of County Commissioners Regular Meeting · 2026-04-28 · agenda_item

The Board of County Commissioners is reviewing a plan to finance storm hardening and energy conservation improvements for Florida property owners. This program uses revenue bonds secured by non-ad valorem assessments, which are collected on property owners' annual tax bills. The Agency filed a complaint to validate $5 billion in revenue bonds for these improvements. A Final Judgment was entered on October 6, 2022, validating these bonds, and no appeal was filed by November 10, 2022. This means the process for collecting these assessments is now confirmed and operational. The project involves financing improvements like new roofs and seawall repairs, which will likely require site preparation, construction, and specialized trades. Local contractors, suppliers, and service providers can explore opportunities by engaging early, before specific bids and permits are finalized, to understand the scope of work and potential involvement.

revenue bonds

5 billion