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Comments to the Honorable Ana Maria Rodriguez, Chair, and Members of the Senate Committee on Finance and Tax Regarding SB 982 – Tax Refund Program for Qualified Target Industry Businesses

Releases
/ Releases / 2 minutes of reading

The Qualified Target Industry Tax Refund Program is a performance-based incentive program, that incentivizes the creation of high-quality, high-wage jobs – the higher the wage, the larger the refund – in sought-after targeted industries and offers a bonus for new jobs in rural areas of the state, incentivizing businesses to locate in economically disadvantaged counties.

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.

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