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

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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 Releases 2023 Budget Turkey Watch Report

Press Releases

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released its 2023 Budget Turkey Watch Report, an independent review of the state’s $117 billion Fiscal Year 2023-24 budget. Since 1983, FTW has provided Floridians with­­ this additional level of oversight by identifying individual appropriations that circumvent a thoughtful and thorough budget process. The annual Budget Turkey Watch Report is based on the principle that, because funds appropriated by the legislature belong to Florida taxpayers, the process must be transparent and accountable, and every appropriation should receive proper deliberation and public debate. 

2023 Budget Turkey Watch Report

Budget & Appropriations, Budget Turkeys, Research, Taxpayer Guide

This is the Florida TaxWatch annual independent review of Florida’s FY2023-24 budget process. The report was started in 1983 and promotes oversight and integrity in the state’s budgeting process based on the principle that: because money appropriated by the Legislature belongs to the taxpayers of Florida, the process must be thorough, thoughtful, transparent, and accountable.  Every appropriation should receive proper deliberation and public scrutiny.  This includes member-requested projects.  

Florida TaxWatch Announces Indian Ridge School and Rosenwald Elementary School Principals as 2022-23 Principal Leadership Awards Winners

Press Releases

West Palm Beach, Fla. – Today, Thurs., March 16, Florida TaxWatch (FTW) will proudly announce that Indian Ridge School Principal Eugene Ford and Rosenwald Elementary School Principal Bruce Hightower are among the nine winners of the Florida TaxWatch 2022-23 Principal Leadership Awards (PLA). Through the program, Principals Ford and Hightower have also each identified one deserving student to receive a full two-year Florida Prepaid College Scholarship. 

Florida TaxWatch to Honor Indian Ridge School and Rosenwald Elementary School Principals with 2022-23 Principal Leadership Awards on Thurs., March 16

Press Releases

West Palm Beach, Fla. – On Thurs., March 16, Florida TaxWatch (FTW) will honor Indian Ridge School Principal Eugene Ford and Rosenwald Elementary School Principal Bruce Hightower with the Florida TaxWatch 2022-23 Principal Leadership Award (PLA), which identifies Florida’s most effective principals in high-risk K-12 public schools, recognizes and rewards their work, and promotes their transformational practices throughout the state.   

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