Fiscally, Florida is in good condition. This is also true of the state’s debt position. FY 2020-21 marks the eighth consecutive year with a debt ratio below the 6 percent target.
Florida TaxWatch is pleased to present taxpayers with a guide to the FY2021-22 state budget, which went into effect July 1, 2021.
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!
TALLAHASSEE, Fla. – Florida TaxWatch (FTW) today released its Taxpayers’ Guide to Florida’s FY2020-21 State Budget, providing an overview and analysis of the record $92.27 billion FY2020-21 Florida State Budget which was signed by Gov. DeSantis on June 29 and took effect July 1, 2020. The FY2020-21 budget, originally passed by the Florida Legislature totaling more than $93.2 billion, was cut with a record $1 billion in vetoes by Gov. DeSantis in response to the COVID-19 pandemic.
After deducting the Governor’s vetoes, the net result is FY2020-21 appropriations totaling $92.270 billion, still a $1.3 billion increase over the previous year. As is usually the case, it is the largest state budget in history. In addition to many facts and figures explaining this year’s budget, past data are also provided to put it in historical context. We hope this annual budget pocket guide gives you the information you need to better understand where and how your hard-earned tax dollars are being spent.
TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) President and CEO Dominic M. Calabro released the following statement upon Gov. Ron DeSantis announcing his budget vetoes for the FY2020-21 budget totaling more than $1 billion.
TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released the 2020 Budget Turkey Watch Report: An analysis of the transparency and accountability of the budget process, its annual independent review of the state’s budget. The report, which has been released annually since 1986, promotes additional oversight and integrity in Florida’s budgeting process and is based on the principle that because money appropriated by the legislature belongs to the taxpayers of Florida, the process must be transparent and accountable, and every appropriation should receive proper deliberation and public debate. This year’s Budget Turkey Watch Report also highlights the particularly important need to scrutinize the entire budget, in the context of the uncertain fiscal environment created by COVID-19.
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