IV. The exigencies are real; only swift relief will prevent

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

This item concerns a legal matter where the Florida PACE Funding Agency is seeking to enforce a 2022 final judgment. This judgment validated up to $5 billion in revenue bonds and confirmed the agency's statewide authority and county tax collectors' duty to collect assessments. The agency reports that many tax collectors are refusing to perform these duties, which threatens the agency with default and undermines Florida's bond validation process. The matter is currently under review by the Board of County Commissioners, Sumter County, as part of a legal proceeding to compel compliance. This situation highlights the importance of legal services related to bond validation, tax collection, and government compliance. Businesses involved in finance, legal services, and government contracting may find opportunities to engage with the agency or related entities as this legal process unfolds. Early engagement could be beneficial as the outcome will clarify the collection mechanism for future bond issuances.

revenue bonds

5 billion