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St. Petersburg council debates utility-rate hikes and options to accelerate stormwater fixes
Summary
Saint Petersburg city staff proposed combining anticipated federal CDBG‑DR dollars and utility bonds to accelerate a multi-year stormwater capital plan, while council members pressed on affordability, staffing and project timing.
Saint Petersburg — The City Council spent more than two hours on the fiscal mechanics of a multi-year stormwater and resilience program, debating how to spread costs between ratepayers, bonds and anticipated federal grants.
Administration presented three financing scenarios for the SPAR stormwater program and an updated FY26 utility package that would raise the average customer bill about 8.6 percent. Scenario A assumes larger borrowing tied to utility bonds. Scenario E would add $1 per month to the Tier 2 stormwater charge to generate roughly $2.1 million a year and support about $32 million in 30-year utility bonds. Scenario F would…
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