City hosts ‘State of the Economy’ (opens original article in a new tab)

The City of St. Petersburg hosted an event discussing economic initiatives, including resilience plans, disaster recovery funding, transportation projects, and support for small businesses.

• The city is investing over $2 billion in the SPAR resilience plan to address flooding and infrastructure.
• A $600 million bond referendum will fund SPAR projects, with residents voting in November.
• The city is supporting small businesses through programs like the Greenhouse and Legacy Business Program.
• Economic growth statistics show a 12.1% employment increase over the last decade.