About the New Hospital


$705 Series 2009 Bond Proceeds - $100 Future Cash, $250 Current Cash, $42 Parking Structure Bond Proceeds, $150 Philanthropy, $24 Interest and Other

The total cost of the building project is estimated to be $1.271 billion. In order to reduce the burden on taxpayers, the financing plan includes not only $747 million of combination tax and revenue bonds, but also $350 million from Parkland’s current and future cash reserves and $150 million in philanthropic dollars raised by the Parkland Foundation.