General Obligation Bonds - Presentation
Bonita Springs, Lee County, Florida
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The City of Bonita Springs is exploring a General Obligation (GO) Bond referendum scheduled for August 18, 2026, to finance capital projects through voter approval. The document outlines GO Bond mechanics, shows Bonita Springs' strong financial position with an AA+ credit rating (obtained in October 2025), and provides examples of successful park and recreation referendums across Florida. Depending on bond amounts ($30M–$45M), homeowners would pay $49–$88 annually in millage taxes over 20–30 years...
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