Fred Marquis Pinellas Trail

Bayside Bridge

The Penny for Pinellas, 1-percent sales tax, was considered an alternative to raising property taxes to fund capital improvement projects. The funds are earmarked for infrastructure improvements, such as roads, flood control, park improvements, preservation of endangered lands and public safety. The Penny for Pinellas was passed by voters countywide in 1989.

 

The original Penny for Pinellas was approved by voters on Nov. 7, 1989. Prior to the adoption of the Penny for Pinellas, the property tax levy was the primary funding source for the Capital Improvement Program (CIP), The Penny provided property tax relief, since it replaced property taxes as the primary capital funding source. The Penny collected $826 million. It contributed approximately 75 percent of the total revenue mix supporting the Capital Improvement Program. The original Penny for Pinellas covered the time frame of 1990 to 2000.

 

Below information is in (pdf) format.

 

• Penny Project Expenditures
• Examples of Major Projects
• Original Revenue Distribution Detail

 

 

Expenditures include both Penny and non-Penny expenditures. The Penny for Pinellas is the primary source of funding for governmental projects. Other revenues include grants, reimbursements, transportation impact fees, tourist development taxes, etc.

 

 

 

 

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