St. Petersburg, FL – Florida’s Chief Financial Officer says a state analysis indicates St. Petersburg residents may have paid significantly more in property taxes than required over the past several years.
CFO Blaise Ingoglia announced that a review conducted by the Florida Agency for Fiscal Oversight found the city allegedly overcollected approximately $49 million in property taxes between fiscal years 2019 and 2026.
According to the report, St. Petersburg’s general fund grew by roughly $133 million during that time, an increase of nearly 50 percent, while the city’s population rose by about 11,500 residents…