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Pinellas looks for ways to prop up transportation trust fund


LARGO — Pinellas County’s transportation trust fund is quickly running out of money.
The special revenue fund pays for such things as road and right-of-way maintenance, including patching and mowing. It pays for bridge maintenance and operation; traffic signal operation; sidewalk repair and construction; maintenance of ditches, culverts and more.
Money for the fund comes mostly from local gas taxes. Pinellas levies seven cents of the possible 12 cents of Local Option Fuel Tax (LOFT) in addition to the 3 cents of state fuel tax for local use, according to a report from Forward Pinellas.
The county levies a “9th cent” gas tax, which is 1 cent devoted to funding the intelligent transportation system. Revenue from the remaining 6 cents is split with the municipalities sharing 40% of the revenue and the county receiving 60%. ....

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Unemployment in Pinellas shows increase in March


Pinellas County’s not seasonally adjusted unemployment rate rose to 4.4% in March up from 4.1% in February, according to a report released April 16 by the state Department of Economic Opportunity.
The rate is still lower than March 2019, which according to DEO was 5.2%. And it is appreciably lower than 13.9% in April last year, which was the highest rate reported during the pandemic.
The county’s labor force increased to 496,676 compared to 493,365 in February but it was still down from 501,479 in March last year. More were reportedly out of work, 21,880. In February, only 20,308 were in need of a job and 25,836 were job-seeking in March 2019. ....

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