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St. Pete closes books in the black for 2nd straight year

in The Bay and the 'Burg/Top Headlines by

St. Pete ended its fiscal year with a $1.428 million surplus. Itโ€™s the second year in a row the city has closed its books in the black.

โ€œOne of the ways we are keeping the promise of our vision to the citizens of St. Petersburg is through stewardship and fiscal responsibility,โ€ Deputy Mayor Kanika Tomalin said. โ€œThough the city budget will always reflect the vision and values of the [Rick] Kriseman Administration, it is also important to budget in fiscally responsible ways. This is why the mayor and I worked closely with City Council members on their priorities, but also put $1 million in the Economic Stability Fund for FY 15, and an additional $500,000 for FY 16.โ€

The closing numbers for fiscal year 2015 reflect all revenues and expenditures through October 31.

โ€œI thank Mayor Kriseman for his leadership, the city budget staff, and City Council for continuing to serve well the taxpayers of the Sunshine City,โ€ Tomalin said.

The 2016 fiscal year began at the beginning of this month.

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Janelle Irwin has been a professional journalist covering local news and politics in the Tampa Bay area since 2003. She also hosts a weekly political talk show on WMNF Community radio. Janelle formerly served as the sole staff reporter for WMNF News and previously covered news for Patch.com and various local neighborhood newsletters. Her work has been featured in the New York Daily News, Free Speech Radio News and Florida Public Radio and she's been interviewed by radio stations across the nation for her coverage of the 2012 Republican National Convention. Janelle is a diehard news junkie who isn't afraid to take on big names in local politics including Tampa Mayor Bob Buckhorn, the dirty business of trash and recycling in St. Pete and the ongoing Pier debacle. Her work as a reporter and radio host has earned her two WMNF awards including News Volunteer of the Year and Public Affairs Volunteer of the Year. Janelle is also the devoted mother to three brilliant and beautiful daughters who are a constant source of inspiration and occasional blogging fodder. To contact, email [email protected].

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