The City of Parker asked the trial court to validate nearly $41 million in bonds for redevelopment projects in a specified area of the city. The proposed bonds utilize tax increment financing, which involves the increases in property tax revenue caused by the redevelopment. The trial court refused to validate the bonds because the city does not levy property taxes. The city appealed to this Court, arguing it is not required to levy property taxes in order to issue tax-increment-financed bonds under Florida's Community Redevelopment Act. In opposition, Bay County raises several issues, including the constitutionality of tax-increment-financed bonds without a referendum.