Budget Watch - Governor's FY2016-17 Recommended Budget

/ Categories: Research, Taxes, Budget/Approps, Cost Savings
Florida legislators received news this week that they will have $395.6 million less to spend on the next state budget than originally anticipated. Citing weaker corporate profits and adverse developments in the international economy, the state General Revenue (GR) Estimating Conference decreased its estimates of GR collections in each of the six years in its forecast horizon.

Budget Watch - What is the Cost of Florida's State and Local Government?

/ Categories: Research, Taxes, Budget/Approps, Local Government
Florida’s has historically held the reputation of being a low-tax state, and that is largely true, especially at the state level. But taxes do not tell the whole story of what government costs its citizens. Taxes, especially those reported to the U.S. Census Bureau, exclude a large amount of revenue paid into government co ers by citizens. And that non-tax revenue accounts for a much higher portion of government total revenue in Florida than in the average state. A better measure of the cost of government is “own source revenue,” which Florida TaxWatch has been tracking in its How Florida Compares series. Own source revenue includes all direct revenue except for intergovernmental aid, revenue from government-owned utilities and other enterprises, and social insurance funds. It includes non-tax revenue such as fees, charges for services, special assessments, impact fees and net lottery revenue.

Budget Watch - Governor's FY2016-17 Recommended Budget

/ Categories: Research, Taxes, Budget/Approps, Local Government
Governor Rick Scott’s budget recommendations for FY2016-17 total $79.252 billion—an increase of 1.1 percent ($855.1 million) over current year spending. General Revenue (GR) spending of $29.260 billion would be an increase of 1.4 percent over the current year. The budget proposes to fund 112,823 state employee positions, 864 fewer than currently exist.
First234567891011Last