Florida TaxWatch undertakes this review of Early Childhood Courts to better understand how Early Childhood Courts can provide improved child-parent outcomes while saving taxpayer money. Florida TaxWatch is proud to present the following report to highlight the importance of expanding Early Childhood Courts and to initiate conversation with state policymakers in the upcoming 2021 legislative session and beyond.
Presented to the Broward County Bond Oversight Committee October 5, 2020
Florida TaxWatch tiene el honor de brindar este servicio a los contribuyentes de Florida para ayudar a educar a los votantes sobre las enmiendas que se les presentan en la boleta de este año. La Guía del Votante de 2020 detalla las seis enmiendas presentes en la boleta electoral del 3 de noviembre de 2020, proporciona recomendaciones de TaxWatch sobre la forma de votar junto con el razonamiento de cada recomendación.
Last month’s historic achievement does more than simply showcase human ingenuity and exploration; for residents on Florida’s Space Coast, the SpaceX mission signifies an economic rebound ten years in the making. For a local economy once devastated by the Space Shuttle Program’s end and the Great Recession, achievements in the private space industry have promoted a revitalized economy that continues to display an upward trajectory.
The severe economic contraction brought on by COVID-19 has reduced state revenues significantly. The pandemic is also increasing government costs such as virus response/recovery and assistance to those harmed economically by the public health emergency. This spells trouble for the current and future state budgets.
To the 2020 Constitutional Amendments
Florida TaxWatch is honored to provide this service to the taxpayers of Florida in order to help educate voters on the issues before them on this year’s ballot. The 2020 Voter Guide details the six amendments on the November 3, 2020 ballot, provides a TaxWatch recommendation of which way to vote, and the reasoning for each recommendation.
In this report, Florida TaxWatch examines the potential impacts of raising Florida’s minimum hourly wage to $15 on Florida businesses and taxpayers. Like many amendments, the increased minimum wage comes with both positive and negative impacts. While it would help lift many workers out of poverty and increase wages even for those not making minimum wage, it would also increase the cost of doing business in the state, and the cost of being a consumer in the state.
Florida taxpayers must hold state government accountable for making smart business decisions and conducting the high-level planning and project management necessary to ensure success and minimize the risk to the state.
Made up of public policy professionals, tax and budget experts, and leaders of both small and large businesses, the Task Force was established to identify those areas of state tax policy that could be addressed both immediately and in the long term to provide Florida’s businesses—and their employees and customers—appropriate relief and assistance.
After 128 months of economic expansion through February 2020, the global coronavirus pandemic brought on the largest post-war contraction in U.S. history. With the resulting closure or slowdown of businesses, record unemployment, and a loss of tourism, Florida’s economy is suffering. The impact on government revenue has been and will continue to be profound. The General Revenue Estimating Conference met on August 14 and reduced the revenue projections by $3.420 billion in the current budget year and $1.994 billion in FY2021-22. This follows news that actual collections in FY2019-20 fell $1.9 billion short of the estimate.