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Lauderhill officials outline $65 million RISE GO bond, say debt millage won’t increase
Summary
Lauderhill officials outlined a $65 million general obligation (GO) bond called RISE — for roads, infrastructure, safety and environment — to be decided by three yes/no questions on the March 10, 2026 referendum; city finance staff said the debt portion of the millage will be held steady while projects would be funded in tranches.
Lauderhill officials urged residents to vote on a proposed $65 million general obligation bond, saying it would fund parks, roads, public safety and citywide infrastructure without raising the debt portion of property taxes.
City Manager (speaker 3) and Deputy City Manager/Finance Director Sean Henderson described RISE — an acronym for roads, infrastructure, safety and environment — as the city’s third GO bond after previous issues in 2005 and 2016. Henderson said the city plans to issue the bond in tranches to limit interest costs and to structure payments so the debt-service millage would remain at roughly the current level (about 1.1212), while operating millage reductions could offset net taxpayer impact.
Henders…
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