St. Petersburg

Overview


Socioeconomic Data
Population 257,083
Employment 129,477
Unemployment Rate 4.6%  (69 of 116)
Zillow Home Value Index $151,600  (78 of 116)
Government-Wide Revenues and Expenses
General Revenues $233,094,139
Capital Grants and Contributions $8,120,520
Charges For Services $246,424,861
Operating Grants and Contributions $8,098,599
Total Revenues $495,738,119
Total Expenditures $476,295,874
Change in Net Assets $19,442,245
Actuarially Determined Pension Contributions $30,761,813
Pension Contributions Actually Made $30,761,813
Government-Wide Position
Current Assets $600,054,011
Total Assets $1,815,863,370
Current Liabilities $49,900,068
Long Term Debt $561,241,838
Total Net Position $535,029,294
Unrestricted Net Position $162,890,064

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
FUND BALANCE AT END OF YEAR $  60,683,803 $  133,558,692 $  194,242,495
Surplus/(deficit) 3,006,669 (2,394,323) 612,346
Revenues
Total Revenues $  213,184,168 $  71,812,679 $  284,996,847
Taxes 138,121,097 0 138,121,097
Intergovernmental revenues 39,471,067 47,545,518 87,016,585
Charges for services 20,869,211 13,793,425 34,662,636
Other Revenues 8,669,349 2,179,433 10,848,782
Use of money and property 2,211,052 2,172,484 4,383,536
Fines and Fees 3,432,882 766,599 4,199,481
Miscellaneous 0 7,142,000 0
Licenses and permits 409,510 5,355,220 5,764,730
Expenditures
Total Expenditures $  210,177,499 $  74,207,002 $  284,384,501
Public safety 124,839,105 13,281,723 138,120,828
Culture, parks and recreation 40,302,489 3,882,867 44,185,356
Capital Outlay 1,376,517 36,865,928 38,242,445
General government 23,083,645 70,728 23,154,373
Development 10,496,871 4,415,821 14,912,692
Principal 0 14,070,000 14,070,000
Public works 10,078,872 66,438 10,145,310
Interest 0 1,543,967 1,543,967
Other Debt Service 0 9,530 9,530

Metrics


General Fund Balance Ratio 28.87%  (39 of 116)
Debt to Revenue Ratio 113.21%  (83 of 116)
Pension ADC to Revenue Ratio 6.21%  (48 of 116)
Annual Change in Home Prices 12.30%  (15 of 116)
Annual Change in Unemployment Rate (1.0%)  (66 of 116)
Fiscal Health Score 83  (23 of 116)
Implied Credit Rating AAA