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Transferring Utility Profits to a Municipality’s General Fund Increases the Risk of Undercapitalization of Water Assets and Violate Taxpayer Accountability

Local Government, Research, Taxes

Setting water utility rates that incorporate the recovery of the costs associated with standard operating expenses and debt obligations is essential to ensuring the short-term and longer-term financial stability of the utility. Once these costs are covered, many publicly owned utilities make transfers to the General Fund (a practice known as “sweeping”) ostensibly to help pay for governmental services that do not generate revenue (e.g., roadway maintenance, public safety, etc.) and to help keep property taxes lower. Keeping property taxes low often means higher municipal utility rates to balance the general budget, a habitual practice that burdens utility customers with cross-subsidies and normalizes underinvestment in infrastructure.

The Fiscal and Economic Impacts of Nova Southeastern University on Florida’s Economy

Economic Development, Education, Health Care, Research, ROI Study, Taxes, Workforce Development

NSU generated an estimated $293.1 million in state and local taxes within the Tri-County region in FY 2024-25 and an estimated $305.1 million in state and local taxes in FY 2024-25.

Florida TaxWatch Releases the Fiscal and Economic Impacts of Nova Southeastern University on Florida’s Economy, Reports $6.55 Billion within Tri-County Region, $6.79 Billion Statewide, in Economic Impact

Press Releases

FOR IMMEDIATE RELEASE: Tuesday, December 16, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released The Fiscal and Economic Impacts of Nova Southeastern University on Florida’s Economy independent

The Taxpayer’s Guide to Florida’s FY2025-26 State Budget

Budget/Approps, Research, Taxpayer Guide

Florida TaxWatch’s The Taxpayers’ Guide to Florida’s FY2025-26 State Budget explains the Legislature’s $114.8 billion spending plan (after $376 million in line-item vetoes)—a 3.2% decrease from FY2024-25—while maintaining $12.6 billion in reserves. General Revenue (GR) spending rises by $556 million, and the recurring GR base increases by $1.9 billion, even as total positions fall to 111,886 (-1,871).

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