Mayor Buckhorn Presents FY2017 Budget Proposal -- Balanced budget achieves numerous budget objectives
Today, Mayor Bob Buckhorn presented his recommended Fiscal Year 2017 budget to Tampa City Council. The City of Tampa continues to deliver a balanced budget without personnel layoffs or increased tax rates.
“This year’s proposed budget highlights and strengthens a city on the rise, a city that attracts the best and the brightest, and a city that is investing in its infrastructure and public safety to ensure our residents have the safest and best home to live, work and play,” said Mayor Bob Buckhorn. “These investments will help transform our city by creating a sustainable future for Tampa.”
The $905.9 million budget proposal includes $175.3 in capital improvements. In FY 2017, the City of Tampa will also invest $ 69.5 million in our neighborhoods.
Pending Tampa City Council approval, the City of Tampa will invest $250 million to reduce flooding and improve water quality.
Major capital improvement projects and strategic investments also include the following:
- Julian B. Lane Riverfront Park transformation, Curtis Hixon Riverfront Park Shade Structure, and George Bartholomew Center upgrades
- Fire Station Construction for Fire Stations No. 23 and No. 24
- City Hall Exterior Renovations
- Public Safety Communications Systems Equipment
- Borein St. and Cass St. Bridge Improvements
- Convention Center Upgrades and Improvements
- Over 290 miles of street resurfacing, complete streets projects, traffic signal upgrades and intersection improvements
- Execution of a $250 million Expanded Stormwater Capital Improvement Plan pending City Council approval of the Stormwater Improvement Investment
The City closed a $9.2 million projected operating shortfall through increased property tax revenues, and departmental reductions.
Following the Mayor's presentation today, the City of Tampa will host two public hearings about the budget, on Wednesday September 7th at 5:01pm and Wednesday September 21st at 5:01pm.
To view the Mayor’s Presentation, review the budget documents, or for more information about the recommended FY 2017 budget, please visit tampagov.net/budget.