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Hernando commissioners approve plan to prepare two-stage borrowing for capital projects, excluding public safety training center
Summary
After hours of debate about timing, funding sources and economic uncertainty, the Hernando County Commission authorized staff to prepare a bond resolution for a two‑issue borrowing program to fund parks, economic development infrastructure and facility projects, excluding the proposed Public Safety Training Complex and Jenkins Creek pier project.
The Hernando County Board of County Commissioners voted to direct county staff to prepare a bond resolution and related financing documents for a two‑phase borrowing plan to fund multiple capital projects across the county.
The board asked staff to exclude the Public Safety Training Complex Phase 1 and the Jenkins Creek Pier and bridge replacement from the initial list. Commissioners then approved preparing a financing package that would allow the county to borrow roughly $50 million in 2026 and a second issuance later, approximately in 2028, to meet staged project needs.
Commission discussions focused on three issues: which projects to include in the funding package, how to allocate the debt service across funding sources (impact fees, tourism-related taxes, tangible personal property taxes and a small general‑fund portion), and whether to wait for more…
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