St. Pete eyes $600 million resiliency bond to tackle flooding and harden city infrastructure

Heavy rainfall and storm surge have exposed serious vulnerabilities in St. Pete’s aging infrastructure over the years, and the city is now asking whether a $600 million bond is the right tool to fix it faster.

Last Thursday, the City’s Budget, Finance, and Taxation Committee discussed placing a General Obligation (GO) bond referendum on the November 2026 ballot.

The proceeds would fund a portion of projects under the St. Pete Agile Resilience (SPAR) program, a city-led initiative to accelerate flood protection, stormwater improvements, and utility system hardening before the next major storm arrives…

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