The Brief
- St. Petersburg Mayor Ken Welch warned residents on Wednesday about a looming property tax reform proposal during his economic address.
- The proposed amendment on the November ballot could slash $78 million from the city budget, potentially impacting local public safety funding.
- Welch also addressed the future of Tropicana Field, affordable housing initiatives and efforts to combat regional homelessness.
ST. PETERSBURG, Fla. – St. Petersburg Mayor Ken Welch held his state of the economy address on Wednesday, saying the city is seeing steady job growth and booming income.
However, Welch had a warning about the new property tax proposal that will be on the November ballot.
St. Petersburg budget threats
What we know:
Welch called a proposed November property tax amendment a “rushed measure.” …