SUBJECT/RECOMMENDATION:
Title
Approve the recommended Penny for Pinellas project list, as revised for fiscal years 2025/26 through 2029/30.
Body
SUMMARY:
On March 6, 1997, the City Council adopted Ordinance 6137-97. The ordinance established the requirement for a special hearing prior to adoption of the capital improvement budget to discuss the use of Penny for Pinellas tax, and at any time in which there is any proposed change to the Penny for Pinellas project funding of $500,000 or more.
The following change is proposed to the Penny for Pinellas project list and included in the proposed fiscal year 2025/26 capital improvement plan.
Fire Engines/Ladder Truck Replacement - The funding for this project is being increased by a total of $485,500 and advanced one fiscal year. This represents cost increases for the purchase of an aerial tiller truck budgeted at $1,885,500, now planned for replacement in 2028/29 (funded at $942,750 in fiscal years 2027/28 and 2028/29).
STRATEGIC PRIORITY:
The budgeting process aligns resource allocation to the advancement of our community in all five strategic priorities: high performing government, economic and housing opportunity, community well-being, environmental stewardship, and superior public service.
