Business

Mayor Jane Castor Presents City of Tampa Budget for 2022-2023

Photo courtesy of Kody Cheyne.

Mayor Jane Castor presented the City’s proposed budget for Fiscal Year 2022-2023 to Tampa City Council. It focuses on the theme of Resilient Tampa and developing a stronger future through long-term planning and investing.

In the past three years, the City of Tampa has committed more than $100M to housing-related services. Last year the City designated general fund money toward housing affordability and stability for Tampa residents. Mayor Castor proposes doing that again this year, devoting $5.5M in general fund money and $20M overall for housing-related services.

One of the biggest drivers in this year’s budget is the new contracts with the City of Tampa’s three unions, who represent most of the City’s workforce. The wage agreements for the three unions are the same: A 9.5 percent salary increase in the first year, and 4.5 percent increases in years two and three.

“I felt it was important to stand behind the men and women who serve our residents so well,” Mayor Castor said. “To keep us resilient, we need to be able to recruit and retain the talent we have. Like the families we serve every day across Tampa, city employees are also facing higher costs of living. This pay increase is not only well deserved, but necessary.” 

Related: East Tampa to Get New Recreation and Senior Centers

Infrastructure improvements continue to be a central focus. To speed construction, the Castor administration proposes adding two construction crews to handle routine water pipeline work, rather than rely on private contractors.

For mobility, the City of Tampa is looking to continue to create transit corridors across the major transportation spine of the city, connecting the Westshore District to Downtown and Downtown to the University Area.

When tackling sustainability and resiliency, this year’s budget will prioritize issues like urban heat, coastal protection, and water security. The City intends to install hundreds of new solar panels and implement new energy savings programs.

It also will continue to attract new talent to Tampa’s workforce by connecting job seekers directly with hiring managers at events like Signing Day and providing access to apprenticeship training. City leaders will also make sure under-represented businesses are afforded opportunities to compete on government contracts through great programs like Bridges to Business.

“I look forward to working together with Tampa City Council to finalize this budget and to continue our momentum throughout next year,” Mayor Castor said. “I appreciate everything our council does to serve this community.”

You May Also Like

Culture

The popular refrain in you hear in Tampa Bay is that the area has not been directly hit by a major hurricane in over...

Business

Black Friday and Cyber Monday shoppers are hot on the trail of the best deals this holiday season. But do you know when a...

Business

Today, the U.S. economy looks very different than it did hundreds of ago. While railroad stocks dominated in the 19th century, industries within technology...

Culture

It’s been over a century since a major hurricane (category 3 or greater) has made landfall in the Tampa Bay Area. That was the...

Copyright © 2023 Modern Globe

Exit mobile version