Inside Tampa’s 2024-2025 Budget Plan: Priorities and Allocations

The Big Picture

Rest assured, our watchful eye remains fixed on the financial heartbeat of our beloved “Cigar City.” The treasure trove of Tampa’s future is under careful scrutiny.Tampa City Council leaders are poised to deliberate on the proposed $1.8 billion budget this month. They’re diligently working to finalize the city’s 2024-2025 fiscal roadmap before the new financial year commences in October.

How to Get Involved

Your voice matters in shaping Tampa’s future. The city has already held its first public hearing, but there are more opportunities for civic engagement on the horizon.

Upcoming Public Meetings

• Mark your calendars for Friday, Sept. 13, when the City Council Citizens Advisory Budget And Finance Committee convenes from 9:30 a.m. to 12 p.m. in the Sister Cities Room at Old City Hall. Public participation is encouraged, with attendees welcome to sign up for comment.
• Another crucial hearing is scheduled for Tuesday, Sept. 17 at 5:01 p.m. at Old City Hall, with an online streaming option available. Remember to submit your request for public comment before attending.

Budget Highlights: Where the Money Goes

Let’s delve into the proposed budget’s highlights. This year’s financial blueprint includes some significant allocations:

Capital Improvements

A substantial investment of $405.7 million is earmarked for capital improvement projects citywide, ranging from historic building renovations to new field lighting installations.

Neighborhood and Community Affairs

Approximately $17.2 million is proposed for Neighborhood and Community Affairs, ensuring your local community thrives.

Stormwater Management

The city plans to fortify its defenses against nature’s whims with a $7.3 million investment in the Stormwater capital improvement program. This includes:

• $3.8 million for the South Howard Flood Relief and Streetscape Project
• $1.5 million for the Citywide Watershed Master Plan

Parking Improvements

Parking woes may soon be a thing of the past, with $49 million allocated to the city’s Parking Division. Of this, about $9.8 million is earmarked for improvements and upgrades. Say goodbye to those pesky potholes!

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