Part I - Economic impact of CIT Funding in Downtown Tampa, South Tampa, Town & Country, Egypt-Lake Leto and portions of Gibsonton. This November, voters will be asked to decide whether to renew the Community Investment Tax (CIT) for 15 years or allow the half-penny sales tax to expire November 30, 2026. A renewal of the Community Investment Tax benefits all residents in Hillsborough County. While no one likes taxes, investment in infrastructure projects is necessary to ensure our community continues to provide the high quality of life our residents have benefitted from during the CIT’s first 28 years. CIT funds are distributed across four districts of Hillsborough County, in alignment with the Hillsborough Board of County Commissioners.
Hillsborough District 1 includes: Downtown Tampa, South Tampa, Town & Country, Egypt-Lake Leto, and portions of Gibsonton.
Taking a closer look at District 1, a vote to renew the CIT means support for:
- Storm water infrastructure improvements in Town & Country.
- Investments in our public utilities infrastructure will help ensure the long term health and safety of our Hillsborough County communities while avoiding failures and costly repairs of aging systems.
- $191 million dollars would go toward funding transportation and public works improvements throughout Tampa.
- Investments in transportation infrastructure will be essential to keep pace with Hillsborough County’s rapid population growth, estimated to reach over two million people by 2050 – over 475,000 more than our current total.
- The addition of the South Coast Greenway Trail and multiple roadway safety and transportation improvement projects in Gibsonton.
- An investment in trails supports fostering personal health, strengthening community values, preventing crime, protecting the environment, and contributing to a healthy economy.
As the voice of the business community, we urge Hillsborough County residents to vote yes to renew the Community Investment Tax. Continued investment in public safety, transportation, and infrastructure means an investment in our community’s future. Together, we can ensure a bright future for all residents by renewing the Community Investment Tax.