Florida § 132.37 - Levy of ad valorem tax for payment of general obligation refunding bonds.
Full text of Florida Florida Statutes § 132.37 — Levy of ad valorem tax for payment of general obligation refunding bonds., with citation guidance and answers to common questions.
§ 132.37. Levy of ad valorem tax for payment of general obligation refunding bonds.
In each fiscal year while any general obligation refunding bonds shall be outstanding there shall be levied, by or under the authority of the governing body upon all taxable property in the unit, an ad valorem tax sufficient to pay the interest and principal of such general obligation refunding bonds and any sinking funds which may be provided for by the general obligation refunding bonds or by the proceedings authorizing the sale thereof. However, when there shall be in any fund or funds provided for such general obligation refunding bonds, or any interest or sinking fund, any amount exceeding the amount at that time required for such fund or funds, the ad valorem tax required by this section for the then-current fiscal year may be reduced in the amount of such excess.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 132.37
What does Florida Statutes § 132.37 cover?
Section 132.37 ("Levy of ad valorem tax for payment of general obligation refunding bonds.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 132.37?
A common citation format is "Florida Statutes § 132.37" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 132.37 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.