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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).

Florida TaxWatch Releases Initial Review of Florida’s Fiscal Year 2023-24 Budget, Focuses on $670 Million Added Through Sprinkle Lists

Releases

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released $670 Million Added to the New State Budget Through the Sprinkle Lists Deserves Close Scrutiny During the Governor’s Veto Deliberations, an initial review of Florida’s Fiscal Year 2023-24 budget, focusing on the $670 million that was added through supplemental appropriations, or “sprinkle lists,” developed by the Senate and the House of Representatives.

Estimate of Florida Transportation Revenues Reduced by $1.5 Billion over the Five-Year DOT Program

Blog

The COVID-19 pandemic is taking its toll on state transportation funding.  The new forecast from the Transportation Revenue Estimating Conference, predicts the state will collect nearly $1.5 billion less than expected in state transportation revenues through FY2025-26.  This is a reduction of 5.7 percent.  These funds are deposited into the State Transportation Trust Fund (STTF) to pay for the DOT work program.

The Future Of Florida Depends On Critical Investments In Its Strained Transportation Infrastructure To Improve Quality Of Life And Move The Economy Forward

Press Releases

Investments in transportation infrastructure provide greater productivity and improved quality of life for all Floridians. Over the next 25 years, the cost of the unmet needs in the state’s transportation system is expected to reach $131.2 billion and would affect every part of every Floridian’s daily life from productivity to safety to access to high-paying jobs.

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