Posted by: Tampa Bay Chamber on Friday, October 11, 2024

Part II - CIT Economic Impact in Lutz, Temple Terrace, Carrollwood, New Tampa, Mango & Seffner. 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 benefited from during the CIT’s first 28 years. Funds have been distributed across four districts in Hillsborough County, corresponding to each district of the Hillsborough Board of County Commissioners.  

District 2 includes: Lutz, Temple Terrace, Carrollwood, New Tampa, Mango, and Seffner.

Taking a closer look at District 2, a vote to renew the CIT means support for:

  • 7% of the $1.34 billion for transportation and public works will go toward Van Dyke Road congestion relief in Lutz.
    • 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.
  • $17.5 million will go toward the construction of a new police department and $7.4 million will go toward funding the purchase of new police vehicles and equipment in Temple Terrace.
    • Investments in public safety translate into improved responsiveness and enhanced services for our community.
  • New fire stations in Lake Magdelene and Keystone.
    • Investments in public safety translate into improved responsiveness and enhanced services for our community.

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.

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