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

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. Every session, the Legislature makes a relatively small amount of appropriations in other bills, including funding for agencies to implement new programs authorized by the legislation. This session, the Legislature took this to a new level, passing 23 bills with nearly $2.5 billion in additional appropriations. This funding includes $1.5 billion to reimburse hospitals for uncompensated care (Low Income Pool), $419.0 million for education programs, and $183.1 million for state employee pay raises.

In addition, the Governor called the Legislature back in Special Session to increase funding for education, economic development, and tourism marketing. Lawmakers did that and more, passing three bills containing an additional $517.3 million.

After deducting the Governor’s vetoes, the net result is FY2017-18 appropriations totaling $85.158 billion, a $2.9 billion (3.5 percent) increase over the current year. This includes $31.570 billion in General Revenue (GR).

Documents to download

Previous Article High Failure Rates Among Nursing Students Indicated Need for a Cure
Next Article 2017-18 Taxpayers Budget Pocket Guide
Print
4023
0Upvote 0Downvote
«June 2026»
MonTueWedThuFriSatSun
25262728293031
1
Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

The Florida Legislature is meeting in special session to consider Governor DeSantis’ proposed constitutional amendment and linked legislation to provide significant property tax relief to Florida homeowners. The proposal has many provisions, but the main ones would increase the homestead exemption to $150,000, beginning January 1, 2027, and then increase it to $250,000, beginning January 1, 2028. This exemption will apply to all property taxes. In addition, the cap on the annual increase in the assessment of non-homestead properties would be reduced from 10% to 5%, but this change would not apply to school property tax levies. Any property taxes remaining after the changes would be restricted to being used solely for core services such as public safety, education, infrastructure, debt, and retirement benefits.

Read more
234567
891011121314
15161718192021
22232425262728
293012345

Archive