2022 Legislature Should Reauthorize the Qualified Target Industry (QTI) Tax Refund Program

Florida’s Flagship Economic Development Program has a Proven Track Record

/ Categories: Research, Taxes, Economic Development

There has been an ideological debate regarding economic development incentives brewing in the Legislature for several years. The Qualified Target Industry (QTI) Tax Refund Program is a performance-based program that refunds some of the taxes a business has already paid, but only after it is verified that the contracted requirements have been met, including the promised increase in high-wage jobs.

Monitoring and Oversight of General Obligation Bonds to Improve Broward County Schools: SMART Program Quarterly Report Review for the Quarter Ended June 30, 2021

/ Categories: Research, Broward BOC

On September 17, 2021, Florida TaxWatch received the Bond Oversight Committee Quarterly Report for the Quarter Ended June 30, 2021 (“Quarterly Report”). This report provides updated information on the implementation of the District’s SMART Program and the use of general obligation bond funds to purchase and install technology upgrades, purchase music and arts equipment, improve school safety, upgrade athletic facilities, and renovate educational facilities.

Budget Watch - What a Difference a Year Makes

2022 Legislature Heads into Session with a $7 Billion Budget Surplus

/ Categories: Research, Budget/Approps, Taxpayer Guide

Last year, COVID-19’s arrival in Florida and the attendant economic shutdown had state forecasters—and virtually everyone else--predicting gloomy fiscal times for Florida. The 2020 legislative Long-Range Financial Outlook estimated that the 2021 Legislature would be facing a budget shortfall of $2.7 billion, and without significant spending cuts, the shortfalls would continue for at least two more years.

Debate in Public Schools

A Florida TaxWatch Commentary by Bob Nave (Vice President of Research, Florida TaxWatch)

/ Categories: Research, Education, Blog

 How can scholastic debate and the business community work together to drive Florida's students forward?

Red Tide Mitigation Using Southern Hard Clams

/ Categories: Research, Energy/Environment

Each year more than 100 million tourists visit Florida, attracted by its theme parks and attractions, comfortable year-round weather, water-related recreational activities, and state and national parks. The importance of healthy Florida beaches and inland waterways to the state’s economy cannot be overstated.

Beyond the Pandemic—Long-Term Changes and Challenges for Postsecondary Training

/ Categories: Research, COVID Recovery, Economic Development, Education

Shifting demographics as the Baby Boomer generation exits the labor force will also fuel broader changes for the working population. For these reasons, the needs of the future workforce place a premium on human skills development—equipping individuals with the requisite skills to be prepared for a workforce full of disruption and displacement. Increasingly, postsecondary institutions and industry will both be crucial to training workers for an ever-evolving economy.

Beyond the Pandemic: Long-Term Changes and Challenges for Florida’s Workforce

/ Categories: Research, COVID Recovery, Economic Development

The third article in our Beyond the Pandemic series... In many ways, Florida's workforce looks starkly different from when it first entered the pandemic over a year ago. Challenges with controlling the spread of COVID-19 precipitated the widespread use of remote work and other digital formats across the state. These changes accelerated workforce trends that were present before COVID-19 (such as automation) and now foreshadow a future workforce that will constantly face disruption and displacement.

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