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Board approves $2025 bond refunding that trims $3.3 million in net present value debt service
Hillsborough County Board of County Commissioners · October 1, 2025
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Summary
Commissioners approved a budget amendment to allocate proceeds from the county’s Capital Improvement Non‑Ad Valorem Revenue Refunding Bond Series 2025 to pay issuance costs and refund $56 million of 2015 bonds, producing nearly $3.3 million in net present‑value savings (about 11.1%).
Hillsborough County on Oct. 1 approved a budget amendment allocating proceeds from its Capital Improvement Non‑Ad Valorem Revenue Refunding Bond, Series 2025, to pay issuance costs and refund…
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