Mayor Welch unveils $1.1 billion budget focused on housing, public works, and safer neighborhoods

Mayor Ken Welch has released his recommended Fiscal Year 2026 (FY26) budget for the City of St. Petersburg, a $967 million spending plan focused on affordable housing, infrastructure resilience, equitable development, and neighborhood health and safety.

The Capital Improvement Plan, which is funded through the city’s budget, includes an additional $202 million in funding for projects ranging from road resurfacing and wastewater treatment upgrades to municipal facility improvements.

The city’s total operating budget plus the proposed Capital Improvement Plan totals over $1.1 billion in spending for FY26…

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