A Commitment to the Basics
Revitalizing East Tampa
The revitalization of East Tampa, designated as a Community Redevelopment Area (CRA), continues to be a major focus for city government. The work of the East Tampa Development Division, in conjunction with the East Tampa Community Revitalization Partnership (ETCRP), continues to make a significant difference in the community. The division administers a special Tax Increment Finance (TIF) District funded by revenues generated from annual increases in property values within the CRA. This year, TIF revenue for East Tampa has increased by more than 100%, generating approximately $5.4 million for reinvestment in the community. Some of these reinvestments include:
Public Safety
Over $1.5 million toward the design and construction of the District III Police Station, located at 32nd Avenue and 22nd Street.
Parks and Recreation Improvements
Installation of fencing at Williams Park; multi-purpose courts at Cuscaden Park and Highland Pines; and security lighting at Grant Park.
Investing in the Basics
$1.2 million for neighborhood roadway improvements including sidewalks, traffic calming devices, fencing, lighting, landscaping, and street paving projects.
Housing Rehabilitation
$600,000 administered by the Housing and Community Development division to rehabilitate the homes of seniors and low income individuals.
Stormwater Enhancements
$800,000 for the enhancement of two retention ponds converting them to "community lakes" featuring walking trails, picnic areas and enhanced landscaping.
Beautification of East Tampa
$800,000 will be dedicated to the continuation of the East Tampa litter control and environmental clean-up program that includes summer youth employment; hiring two environmental detectives under the Police Department to help eliminate illegal dumping; and the Solid Waste department is scheduled to open a "neighborhood drop-off site" to provide easy access for the disposal of unwanted items.
Basic Improvements for a Downtown Neighborhood
Downtown Tampa continues to transform into a thriving, urban residential community. It is our responsibility as city government to stay focused on basic improvements that will ensure a livable, walkable neighborhood for everyone. From improved crosswalks to two-way streets, we are working to enhance downtown. We are committed to making our streets more pedestrian friendly with improved amenities for residents and visitors alike. We will invest nearly $1 million from downtown Tax Increment Financing to convert Twiggs Street to two-way traffic with enhanced crosswalks, signage and landscaping. The Tampa Riverwalk will also receive a $700,000 in-vestment for the segment adjacent to the Tampa Convention Center.
Efficient City Government
Planning for emergency funds is perhaps not the most interesting part of the budget process but it is extremely important for city government to be prepared. Over the last two years, hurricanes have significantly impacted communities throughout Florida and throughout parts of our nation. Given the threat hurricanes pose to our community, the city began a new emergency reserve policy in fiscal year 2006. We established a goal of $15 million and each year we will dedicate dollars to achieving that goal. Last year, we dedicated $3 million and this year we are increasing this reserve by $5 million, for a total of $8 million. This reserve fund is in addition to continuing to set aside nearly $8.3 million in general fund and utility tax contingencies and reserves. In the event of a catastrophic event we want to be prepared to immediately address the needs of our residents.
