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Fiscal Year 2023: Florida’s Continuing Success in Debt Reduction

Blog
/ Blog / 6 minutes of reading

The 2023 Debt Report for Florida highlights the state’s strong financial standing, with a debt ratio below the 6% legislative target for the tenth consecutive year. Florida’s debt and debt service have decreased, while General Revenue collections increased by $3.3 billion. Rating agencies affirmed AAA ratings and a stable financial outlook. The report details Florida’s debt management strategies, including limiting debt accumulation and maintaining high reserves, contributing to a strong debt capacity and reduced future costs. Local government debt, however, remains comparatively high. The state’s prudent financial practices are underscored, benefiting taxpayers and indicating a healthy fiscal future.

Florida TaxWatch Analyzes Compensation and Workplace Issues in the Offices of State Attorneys and Public Defenders

Releases
/ Releases / 4 minutes of reading

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released Why Taxpayers Should Care About Workforce Instability with Florida’s Public Defenders and State Attorneys. This report builds on FTW’S previous research, Improving State Attorney and Public Defender Budget Process and Targeting Salary Increases Will Help Achieve Revision 7 Goals- Reduce Trial Lawyer Turnover (February 2004) and When It Costs More To Pay Less(March 2014), to present an updated analysis of how low salaries, heavy caseloads, limited work flexibility, and high turnover rates among assistant state attorneys (ASAs) and assistant public defenders (APDs) impact these critical positions and the Florida taxpayers they serve. Both previous reports successfully led to more competitive salaries and reduced turnover in these offices.

Florida TaxWatch Examines Trend of Florida Voters Continuing to Approve Proposed Tax Increases

Releases
/ Releases / 4 minutes of reading

TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Florida Voters Continue to Say Yes to Proposed Tax Increases, a briefing examining the trend of Florida voters approving tax increases at the local level. This report builds on FTW’s February 2021 analysis, A Decade of Self-Taxing, which found that Floridians increased their own taxes 142 times since 2010. The new report focuses on voting patterns in the 2021 and 2022 elections, including voters’ propensity for authorizing county-wide sales and property tax increases, and more.

“Why Human Trafficking Is More Than Just A Moral Issue.”

Blog, Research
/ Blog, Research / 7 minutes of reading

January 2022 marked the 12th Annual Human Trafficking Awareness Month. A recognized memorial since 2010, the designation seeks to raise human trafficking awareness and educate the public about the crime’s heinous impact on millions of people across the world. Given the criminal enterprise nature of human trafficking, there is also an inherent economic cost to communities and the state of Florida when exploitation prevents victims from leading dignified, generative lives. What are the costs and implications of human trafficking in Florida?

Florida TaxWatch In The News

In the News
/ In the News / 9 minutes of reading

Florida TaxWatch is constantly looking to spread the word about our research, recommendations, and programs, all in pursuit of serving each and every taxpayer in Florida. Below is just a selection of where we’ve popped up in the last few weeks!

Tony Carvajal Joins Florida TaxWatch as Executive Vice President

Releases
/ Releases / 7 minutes of reading

Today, Florida TaxWatch (FTW) announced the appointment of Tony Carvajal as Executive Vice President. Mr. Carvajal succeeds Robert Weissert who is moving to Washington, D.C. to pursue the next chapter of his career after 14 great years with the taxpayer research institute. Along with Mr. Carvajal, TaxWatch also welcomes Carolyn Gosselin as Chief Growth and Strategy Officer, Tanya Bechtold as Director of Investor Relations, and Kat Dunn as Digital Content Manager. Florida TaxWatch is also announcing the promotions of Kurt Wenner and Bob Nave to Senior Vice Presidents of Research and Chris Barry to Vice President of Communications.

Post Election Wrap-Up: Local Tax Referenda

Local Government, Research, Taxes, Voter Guides
/ Local Government, Research, Taxes, Voter Guides / 3 minutes of reading

On November 3, 2020, Floridians went to the polls (or voted by mail) to elect the next President of the United States, voted on numerous state and local races, and decided the fate of six proposed amendments to the Florida Constitution. As if that were not enough, voters across the state had to consider more than 200 local referenda, including some significant tax increases This wrap-up looks at how these measures fared. 

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