Florida's revenue forecast has been updated, adding $2 billion more to the state's budget for the next two years. This is the ninth consecutive increase, driven by strong investment earnings, sales taxes, and corporate income taxes. Despite earlier predictions of slowed growth, revenues continue to exceed expectations, but there are potential risks on the horizon.

Florida faces a critical teacher shortage, ranking 50th in teacher pay nationwide. Our briefing reveals alarming trends: 10% of courses lack properly certified teachers, and teacher pay has dropped 15.7% in real terms over the past decade. With Florida needing 9.7% more teachers by 2031, the state's educational future hangs in the balance. Our comprehensive report explores the root causes of this crisis, from inadequate compensation to mounting stress, and examines recent policy actions. More importantly, it offers concrete solutions to attract and retain quality educators.

Florida TaxWatch is pleased to present taxpayers with a guide to the FY2024-25 state budget, which went into effect July 1, 2024. The 2024 Legislature appropriated a total of $118.6 billion for FY2024-25. This Budget Guide includes all appropriations for the new fiscal year— the General Appropriations Act (GAA), “back-of-the-bill” spending, and appropriations made in general bills—net of the Governor’s vetoes.

Explore the latest insights from Florida TaxWatch's "Property Insurance Briefing" as it delves into the complexities of Florida's property insurance market amidst the 2024 hurricane season. This report examines the instability caused by soaring premiums, driven by litigation and hurricane damages, and discusses the role of Citizens Property Insurance as a critical safety net for over a million Floridians. Highlighting legislative efforts to stabilize the market and initiatives like home hardening to reduce costs, this briefing is essential for anyone affected by or interested in Florida's property insurance challenges. Download the full report for a comprehensive analysis and actionable solutions.

The Q3 2024 Broward Bond Oversight report highlights significant progress in the SMART Program, with major advancements in technology, safety, and athletics in Broward County schools. All planned technology upgrades and safety projects are complete, improving the student-to-computer ratio and securing campuses. Despite these successes, challenges in renovations persist, with 29 projects likely to miss the October 2025 completion deadline. Leadership transitions and budget adjustments add further complexity. Florida TaxWatch plays a vital role in ensuring transparency and the efficient use of funds, continuing to oversee the program and provide recommendations to address ongoing challenges.