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Pinellas Park adopts tiered ad valorem tax exemption to attract new investment
Summary
Pinellas Park City Council unanimously adopted Ordinance 2025-45 on Dec. 11, replacing a flat 75% ad valorem exemption with a point-scored, four-tier system that ties exemption level and duration to investment, wages and job creation; the program sunsets in 2034.
Pinellas Park City Council unanimously adopted Ordinance 2025-45 on Dec. 11, revising the city's economic development ad valorem tax exemption to a tiered incentive system designed to target new investment and job creation.
Community Services Manager Lizzie St. Pierre told the council the change replaces the prior flat 75% exemption with four tiers tied to capital investment, wage levels and the number of new full‑time jobs. "The proposed changes of this program is to update the exemption from a blanket 75% for up to 10…
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