Accountability
Transparent, accountable local decision-making
RISE comes with accountability built in, by law, before any bond is issued
Built in by law
What the law requires
Independent audits
Every RISE district gets an independent financial and performance audit, every year.
Public reporting
All revenues and expenditures are publicly reported.
Legal oversight
Accountability and oversight requirements are set by law before a county can issue a RISE bond.
No new taxes
RISE cannot raise current property tax rates. It only uses new tax revenue created by growth.
Essential services protected
The property tax your county collects today keeps going to your county, for police, fire, parks, and everything else. Only the new revenue created by growth inside a district can be pledged.
Local control, in public
Counties decide districts, projects, and oversight through an ordinance process residents can show up to.
The limits
What RISE does not do
It does not pay for private buildings or private profits. RISE pays for public improvements the public owns and uses.
It does not raise your property tax rate.
It does not touch the property tax revenue your county already collects.
In plain language