Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lauderhill leaders outline $65M RISE general-obligation bond ahead of March 10 vote
Summary
Lauderhill officials presented a $65 million RISE (roads, infrastructure, safety, environment) general obligation bond at a Feb. town hall, detailing neighborhood allocations, three separate ballot questions and projected household impacts while pledging the debt-service millage at 1.1212 mils.
Kenny Hobbs, Lauderhill city manager, told a neighborhood town hall that the city is asking voters on March 10 to approve a $65,000,000 general obligation bond called RISE Lauderhill, divided into three independent questions for public safety, parks and transportation.
Hobbs said the bond is the city’s third GO bond (the first was in 2005 and the second in 2016) and emphasized the city will “not raise the debt portion of the tax bill” as it pertains to the proposed bond, identifying the debt-service millage as 1.1212 mils. He also noted the bond affects only the city portion of property taxes and will hit homeowners differently depending on homestead status and recent purchase price.
Finance presenter Sean Henderson said the package splits funds to emphasize equity across neighborhoods: $31,000,000 for citywide equity projects and $34,000,000 for parks (total $65,000,000). Henderson provided neighborhood allocations including Northwest…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
