Budget Watch - Governor's FY2016-17 Recommended Budget

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. The proposed budget is also $300 million less than was requested by state agencies this fall, and funds 2,044 fewer positions than requested.

The Governor claims his budget contains $448.8 million ($135.6 million from GR) in savings from reduced positions and agency efficiencies. The Governor’s proposed budget will serve as the framework for the state’s new spending plan as the Legislature formulates the state General Appropriations Act this session.

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Florida Manufacturing: A Highly Productive and Integral Economic Driver

Florida Manufacturing: A Highly Productive and Integral Economic Driver

Florida's manufacturing sector is a $86.6 billion industry that ranks sixth in the nation in the value of exported manufactured goods, employs more than 434,000 workers, and contributes 4.62 percent of the state's GDP — quietly outpacing both tourism and agriculture. Anchored by aerospace, defense, and space manufacturing firms along the Space Coast corridor, including global names like Lockheed Martin, Boeing, SpaceX, and Raytheon, the industry also produces medical devices, pharmaceuticals, food and beverage products, and recreational boats. The sector offers high wages with low educational barriers: eleven of the fifteen largest manufacturing occupations require only a high school diploma or equivalent, with an average annual salary of $87,000. Modernized working conditions — built around computer-based tasks and precision environments — have made manufacturing jobs increasingly comparable to traditional white-collar work.

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