Tallahassee, Fla. – Today, Florida TaxWatch released a briefing: Teaching Every Child to Swim Saves Thousands of Lives from Needless Drownings and Taxpayers Millions. This […]
Florida TaxWatch is pleased to present taxpayers with a guide to the FY2023-24 state budget, which went into effect July 1, 2023. The 2023 Legislature appropriated a total of $118.7 billion for FY2023-24. This Budget Guide includes all appropriations for the new fiscal year— the General Appropriations Act (GAA), “back-of-the-bill” spending, and appropriations made in general bills—net of the Governor’s vetoes.
As Florida TaxWatch has been detailing in our Budget Watch series,1 the state’s fiscal circumstances have been steadily improving since the initial shock (and resultant revenue loss) at the beginning of the pandemic. Even with historic state spending and tax cuts over the last two budgets, record reserves still exist. Florida’s tax system continues to produce revenue at a breakneck pace, with actual collections beating the estimate in each month over the last two year. Lately, the magnitude of the overage has been staggering. In the last three months of FY2021-22 (April-June), collections exceeded estimates by $2.545 billion (23.9 percent).
The Revenue Estimating Conference (REC) met on August 16, 2022, to develop the state’s new forecast for general revenue (GR) collections. After the close of FY2021-22, which wildly exceed revenue expectations, the REC increased the estimates for FY2022-23 and 2023-24 by a total of $5.3 billion.
Tallahassee, Fla. – Florida TaxWatch announced that tomorrow, Thurs., April 14 marks the 2022 Florida Taxpayer Independence Day. This symbolic occasion assumes that every dollar Floridians earned since the start of the year goes to pay local, state, and federal taxes, but now, they will finally begin earning for themselves. Based on the relative size of all taxes paid in Florida to the state’s total personal income, it took taxpayers an average of 103 days to satisfy their tax obligations this year, four more days than in 2021.
Bradenton, Fla. – Today, Tues., April 12, Florida TaxWatch (FTW) will proudly announce that Principal Bonnie Brett of Manatee Charter School in Manatee County is among the nine winners of the Florida TaxWatch 2021-22 Principal Leadership Awards (PLA). Through the program, Principal Brett has also identified one deserving student to receive a full two-year Florida College Scholarship.
Pensacola, Fla. – Today, Fri., April 1, Florida TaxWatch (FTW) will proudly announce that Hollie Wilkins, immediate past principal of Montclair Elementary School, and Laura Touchstone, immediate past principal of Pine Forest High School, are among the nine winners of the Florida TaxWatch 2021-22 Principal Leadership Awards (PLA).
Dunnellon, Fla. – Today, Fri., March 25, Florida TaxWatch (FTW) will proudly announce that Delbert Smallridge, immediate past principal of Dunnellon Middle School in Marion County, is among the nine winners of the Florida TaxWatch 2021-22 Principal Leadership Awards (PLA). Through the program, Smallridge – who is now retired – has also identified one deserving student to receive a full two-year Florida College Scholarship.
Palm Bay, Fla. – Today, Wed., March 23, Florida TaxWatch (FTW) will proudly announce that Rachel Roberts, immediate past principal of Columbia Elementary School in Brevard County, is among the nine winners of the Florida TaxWatch 2021-22 Principal Leadership Awards (PLA). Through the program, Roberts – who now serves as Director of Elementary Leading and Learning with Brevard Public Schools – has also identified one deserving student to receive a full two-year Florida College Scholarship. The award and scholarship will be presented to Roberts and the student at a ceremony on the Columbia Elementary School campus at 9 a.m. today. Local media are invited to attend and asked to contact Aly Coleman via email at aly@on3pr.com or by phone at 850.391.5040.
Hialeah Gardens, Fla. – Today, Fri., March 18, Florida TaxWatch (FTW) will proudly announce that Jose “Tiger” Nunez, immediate past principal of Mater Academy Charter High School in Miami-Dade County, is among the nine winners of the Florida TaxWatch 2021-22 Principal Leadership Awards (PLA). Through the program, Nunez has also identified one deserving student to receive a full two-year Florida College Scholarship.
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