The Tampa Bay Chamber, led by Brian Adcock, Chairman of the Chamber's Board of Directors, is amplifying the voices of business leaders in favor of the Community Investment Tax (CIT) Renewal on the November 5th ballot. In this opinion piece, Adcock echoed the concerns of many leaders in Hillsborough County neighborhoods reliant on CIT funds for infrastructure projects. Our thanks to the Tampa Bay Business Journal for publishing this Op-Ed to raise awareness of the facts concerning CIT.
Click to read full Op-Ed in Tampa Bay Business Journal
The Op Ed in TBBJ, Community Investment Tax 'Yes' Vote Does Not Mean New Taxes, reads in part:
Dear Hillsborough County Residents,
On behalf of the Board of Directors of the Tampa Bay Chamber of Commerce, we are committed to supporting initiatives that drive growth, safety, and prosperity in our community. One such initiative that has played a critical role in our county's development is the Community Investment Tax (CIT).
Since its approval in 1996, the CIT has funded essential projects that impact all of us —improving roads, expanding parks, enhancing public safety, and investing in our schools. Over the past 28 years, the CIT has contributed nearly $2.77 billion to these and many other projects, ensuring that Hillsborough County remains a great place to live, work, and grow.
But it’s important for voters to know this is not just a Tampa tax. It funds infrastructure projects in Plant City, Temple Terrace, and every corner of Hillsborough County. From fire stations and public utilities to law enforcement facilities and stormwater management, the CIT has built and maintained our very core – the infrastructure that our businesses and families depend on every day.
