All the bills passed by the 2014 Legislature have now been evaluated by the state's revenue estimators, resulting in a revenue reduction of more than $550 in the current fiscal year. Local revenues will be reduced by $41.5 million and $37.0 million. Despite the declining revenue estimates, the reduction still leaves $1.65 billion in general revenue reserves for the fiscal year, according to the July Budget Watch.
Florida taxpayers have a reason to celebrate on Tuesday, April 22nd. The date marks Taxpayer Independence Day as estimated by Florida TaxWatch. April 22nd, 2014, is the first day in the calendar year that Florida taxpayers, on average, will begin earning income that does not go toward federal, state and local taxes.
This BudgetWatch report compares the FY2014-15 House and Senate budgets in each spending area, and shows the change versus the current fiscal year.
This infographic shows some of the major economic statistics for Leon, Wakulla, Jefferson, and Gadsden counties. (Note: Designed to be printed on 11x17" paper.)
Sunday, April 21, is Florida Taxpayer Independence Day 2013, as estimated by Florida TaxWatch. On that day, Floridians are finally earning money for themselves–not for the tax collector. This symbolic date assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations.