Legal Opinion
Ago
Florida Attorney General Reports
Decided January 31, 1992Published
1Opinion of the Court
Mr. Daniel S. McIntyre County Attorney St. Lucie County
QUESTION:
May a county use local government infrastructure surtax proceeds to service bonds which are refunding notes issued prior to approval of the surtax?
SUMMARY:
Local government infrastructure surtax proceeds may be used only to service new bond indebtedness and may not be used to service or refund indebtedness incurred prior to referendum approval of the surtax.
Section 212.055(2), F.S., authorizes the governing authority of each county to levy a discretionary sales surtax of 0.5 or 1 percent pursuant to an ordinance enacted by a…
2Cases cited2 opinions
- SE FISHERIES v. Dept. of Nat. ResourcesSupreme Court of Florida · 1984
- Green v. GalvinDistrict Court of Appeal of Florida · 1959