PENNY FOR PASCO 1
In 2003, by way of Resolution No. 2003-02, the City Council elected to use the first “bucket” of Infrastructure Sales Surtax (Penny for Pasco) proceeds in the following manner:
§ Transportation Infrastructure - any fixed capital expenditure or outlay associated with construction, reconstruction, or improvements of roads and transportation facilities, and any land acquisition, land improvement, design, permitting, and engineering costs related thereto
§ Environmental Improvements - water quality and flood control infrastructure designed to protect and improve the City’s natural resources, including the water quality in the Cotee River, Orange Lake, and Gulf of Mexico; and for land preservation and recreational development improvement projects
§ Public Improvements – improvements of a varying nature designed to improve public safety or to improve cultural and recreational opportunities for the residents, such as acquiring public safety vehicles for use as Police Department vehicles, Fire Department vehicles, emergency medical vehicles, Public Works vehicles; other public construction projects designed to improve quality of life for residents
The City received the first “bucket” of Penny for Pasco proceeds for a ten year period, ending December 31, 2014. Below is a summary of how those proceeds were allocated:
|
Category
|
Percentage Allocation
|
Dollar Amount
|
|
Transportation Infrastructure
|
35%
|
$4,872,576
|
|
Environmental Improvements
|
45%
|
$6,351,402
|
|
Public Improvements
|
20%
|
$2,730,708
|
|
|
100%
|
$13,954,686
|
PENNY FOR PASCO 2
In 2015, the City began receiving proceeds from the second "bucket" of Penny for Pasco proceeds. These proceeds are expected through December 31, 2024.
By way of Resolution No. 2012-14, the City Council set forth to use these proceeds in the following manner:
§ Utilities –
o Grant matches for utility infrastructure projects
o Utility infrastructure improvements
o Expansion or replacement of utility systems to encourage economic expansion
o Stormwater drainage enhancements in flood prone areas and water quality improvement projects
§ Transportation –
o Paving of streets and right-of-ways
o Sidewalk replacement and expansion projects
o Multi-use trails and systems
o Way finding and signage improvements
o Parking improvements
§ Public Safety –
o Scheduled vehicle replacement
o Communication & IT infrastructure upgrades or improvements
§ Public Facilities –
o New construction or building improvements or replacements
o Replacement of equipment
o Building hardening projects
o Green building technologies and energy efficiency projects
§ Economic Development -
o Neighborhood and downtown improvement projects
o Eco-tourism and tourism development projects
§ Community Redevelopment -
o Acquisition of land, land improvements, design, permitting, and engineering cost related thereto
§ Urban Forestry -
o Tree replacement and new tree planting programs
o Neighborhood and US Hwy 19 beautification programs