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DUVAL COUNTY · LOCALlocal legislationEnacted
Enacted

Ordinance 2026-0455-E: Debt Limit Increase

Original title: ORD Amend Ord 2004-884-E Prov Certain Amend That Will Only Become Effective Upon Certain Prerequisites Set Forth Herein; Prov Auth for This Ord; Prov for Certain Definitions; Making Certain Findings; Prov for an Increase in the Aggregate Principal Amt of Notes to Be Outstanding at Any One Time to an Amt Not Exceed $250,000,000 Until 9/30/29, & Thereafter to an Amt Not to Exceed $200,000,000; Prov for the Severability of Invalid Provisions; Prov a Repealing Clause; Auth the Corp Sec to Prov Notice Upon the Effective Date of Such Amends (Traurig) (Req of Mayor) 5/26/26 CO Introduced: F 6/2/26 F Read 2nd & Rerefer 6/9/26 CO PH Read 2nd & Rerefer 6/16/26 F Amend/Approve 5-0 6/23/26 CO Amend/Approve 15-0 Public Hearing Pursuant to Ch 166, F.S. & C.R. 3.601 - 6/9/26

June 23, 2026

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Finance Connection

Notable money activity
$3,058,147across 20 reported contributions
Trace money trail →
CandidateDonorAmountIndustryDate
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$325,725-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$325,725-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$201,519-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$201,519-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$156,932-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$156,932-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$155,686-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$155,686-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$155,686-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$126,081-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$126,081-Sep 2022
Committee to Support Mayor Lisa Gillmor 2022 and Good Government, Sponsored by Santa Clara's Affordable Home and Job CreatorsRelated Santa Clara, LLC(David Zussman)$125,000-Sep 2022
Committee to Support Mayor Lisa Gillmor 2022 and Good Government, Sponsored by Santa Clara's Affordable Home and Job CreatorsRelated Santa Clara, LLC(David Zussman)$125,000-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$123,662-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$123,662-Sep 2022
Kimberly Ho for Mayor 2022Kimberly Ho$100,000Skincare Researcher andBusiness OwnerMar 2025
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$95,940-Sep 2022
Santa Clara Community Leaders Supporting Anthony Becker for Mayor 2022, sponsored by and major funding from DeBartolo Corporation & Affiliated Entities, including Forty Niners Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$95,940-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$90,685-Sep 2022
Frustrated Santa Clarans Opposing Gillmor for Mayor 2022, sponsored by DeBartolo Corp. & Affiliated Entities, including 49ers Football Company, LLCDeBartolo Corporation & Affiliated Entities, Including the Forty Niners Football Company, LLC$90,685-Sep 2022

Reported financial relationships and timing signals. This does not prove motive or influence. Readers draw their own conclusions.

The Frame

What this does

This change increases the city's authorized borrowing capacity by adjusting the of notes allowed to be outstanding, which impacts the city's financial flexibility and debt obligations through 2029.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

City of Jacksonville

The city's legal authority to issue and maintain outstanding debt notes is modified by the new limits.

What changed

Last recorded activity June 23, 2026.

What's next

Next step not available in the current record.

Summary

This amends existing city rules to increase the maximum amount of outstanding debt the city can hold at one time. It raises the limit to $250 million through September 2029, after which the cap will decrease to $200 million.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does this ordinance change?
It increases the total amount of debt (notes) the city is allowed to have outstanding at any one time.
How long will the $250 million limit be in effect?
The higher limit of $250 million is authorized until September 30, 2029.
What happens to the debt limit after 2029?
The limit will decrease to $200 million starting after September 30, 2029.

Why It Matters

This change increases the city's authorized borrowing capacity by adjusting the of notes allowed to be outstanding, which impacts the city's financial flexibility and debt obligations through 2029.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Temporary Debt Ceiling Increase

The ordinance establishes a clear sunset provision where the debt limit automatically scales down after a fixed period (2029).

Connected Entities

organizationCity CouncilThe legislative body that enacted the ordinance.Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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