According to the Hillsborough County Transportation Charter Amendment, 54% of the Surtax Proceeds (known as the General Purpose Portion) will be distributed to the County and to each Municipality by distribution formula. The City of Tampa may use these funds for the planning, development, construction, operation, and maintenance of roads, bridges, sidewalks, intersections, and public transportation. Projects may include maintenance and vulnerability reduction, congestion reduction, safety improvements, and transportation network improvements.
No later than September 30th of each year, the City of Tampa shall deliver to the Independent Oversight Committee a Project Plan setting forth the projects, including reasonable detail for each, on which the City of Tampa will expend its distribution of the Surtax Proceeds for the following calendar year in accordance with the uses mandated by Sections 11.07 and 11.08 of the Hillsborough County Transportation Charter Amendment.
Projects Plans must first be approved by the City of Tampa’s governing body and then by a majority vote of the Independent Oversight Committee at a public hearing. The City of Tampa’s Project Plans will be presented at a forthcoming City Council meeting. Check back for updates and more information.