Florida Record
St. Petersburg
Medium PriorityTaxes Budgetopen

PILOT Transfers and Utility Funding Burden

Summary

Vice Chair Floyd wants a plan to stop using flat utility bills to fund general government — the roughly $30 million in PILOT and $19 million in franchise fees would shift to property taxes, which large out-of-town developers would pay. Council members Gabbard and Harting engaged on the idea but flagged budget tradeoffs.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Aug 13, 2026.

Impact analysis

💰Financial impact

Roughly $30 million in annual PILOT transfers plus about $19 million in franchise fees from water, stormwater and sanitation are at stake.

✅Who benefits

Ratepayers — including renters — would see lighter utility bills if the burden shifted to property taxes.

⚠️Who could be affected

General fund programs and property taxpayers could face cuts or higher millage to fill any gap.

Mentions & discussions (1)

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