Budget Watch - More Revenue for the Next Budget

Monday, February 12, 2018 / Categories: Research, Taxes, Budget/Approps, Cost Savings, Budget Turkeys, Taxpayer Guide

As the Florida Legislature prepares to go into conference budget negotiations to finalize the FY2018-19 budget, state estimators gave lawmakers a bit of good news. Florida’s General Revenue (GR) Estimating Conference met on February 9 and forecast that the state would collect an additional $461.8 million in FY2017-18 and FY2018-19.

Tax Changes Over Time - Web Tool

Tuesday, October 31, 2017 / Categories: Research, Taxes, Cost Savings, Local Government, Taxpayer Guide

Florida TaxWatch has compiled a comprehensive list of state and local tax and fees changes—increases and decreases--enacted by the Florida Legislature since 2010. It includes every new or eliminated tax or fee, changes to tax rates or fee levels, exemptions, credits, expanded bases and more.

Budget Watch - Budget Surplus Threatened by Irma Impacts

Wednesday, September 20, 2017 / Categories: Research, Taxes, Budget/Approps, Cost Savings, Taxpayer Guide

The new Outlook forecasts that after funding a continuation budget, there will be $52.0 million in General Revenue (GR) left over, until the financial impacts of Hurricane Irma are considered.

Budget Watch - FY2017-18 GAA Only Tells Part of Florida's Budget Story

Tuesday, July 11, 2017 / Categories: Research, Taxes, Budget/Approps, Cost Savings, Local Government, Taxpayer Guide

The 2017 Florida Legislature passed a $82.418 billion General Appropriations Act (GAA), already the largest in the state’s history. But this is not all the money appropriated this year.

Budget Watch - Projected Shortfall Requires Action

Monday, September 26, 2016 / Categories: Research, Budget/Approps, Cost Savings, Taxpayer Guide

The 2017 Legislature will be facing a very tight budget year. After a string of three straight years with projected budget surpluses ranging from $336 million to $846 million, it is now estimated that during the next legislative session there will be just enough money to fund a continuation budget for FY2017-18. What’s more, significant budget shortfalls loom in subsequent years.

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