2025 Budget Turkey Watch Report

An analysis of the transparency and accountability of the budget process

/ Categories: Research, Budget/Approps, Budget Turkeys

Florida TaxWatch’s 2025 Budget Turkey Watch Report delivers an independent, line-by-line review of Florida’s conference budget worth $115.1 billion. It identifies 238 appropriations totaling $413.5 million that bypassed established vetting procedures or public scrutiny—designating them as “Budget Turkeys”—and flags an additional $799.5 million in member projects that merit heightened executive review.

The Census Undercount’s Toll on Florida Roads

/ Categories: Research, Census, Transportation, Census Institute

In 2020, Florida was one of six states with a statistically significant census undercount. Florida failed to count 3.48 percent of its total population (750,000 residents). The census count is used to apportion legislative seats and allocate federal funding. Florida’s census undercount cost the state at least one—potentially two—congressional seats and up to $21 billion in federal funding through the end of the decade.

Florida Economic Forecast: Q1 2025

2024-2030

Florida's economy has been growing to new heights these past years -- reaching nearly $1.5 trillion. The Q1 2025 economic forecast by Florida TaxWatch examines key trends in population growth, employment, income, GDP, and tourism, offering valuable insights for policymakers, business leaders, and taxpayers.

Florida TaxWatch 2025 Legislative Session Wrap-Up

Pre-Budget Edition

Florida TaxWatch’s 2025 Legislative Session Wrap-Up report provides a concise but comprehensive overview of the extraordinary budget impasse that extended this year’s session to June 6, 2025, the narrow scope of allowed legislation (including the General Appropriations Act, budget conforming bills, the House and Senate tax packages, and the Rural Renaissance bill), and the high-stakes negotiations that will resume on May 12 in conference committee.

Taxpayer Independence Day 2025

/ Categories: Research, Local Government

Florida TaxWatch’s Florida Taxpayer Independence Day 2025 report commemorates the symbolic April 21 date when the average Floridian has earned enough to satisfy all federal, state, and local tax obligations. In 2025, Floridians spend 110 days—until 11:24 a.m.—paying taxes each year before they begin earning for themselves.

Extending the Local Communication Services Tax Increase Moratorium and a Sales Tax Exemption for Broadband Equipment Should be Part of Any Tax Relief Package this Session

/ Categories: Research, Budget/Approps

Florida TaxWatch's CST and Broadband Equipment report examines the impact of the high Communications Services Tax (CST) on broadband infrastructure investment and consumer expenses. The report details how Florida’s current CST ranks among the highest in the nation and explores its effects on both businesses and low-income households, who are particularly vulnerable to the disproportionate burden of such taxes on essential wireless services.

Fair Share Taxes Driven Away by Electric Vehicles

/ Categories: Research, Transportation

Proposed solutions include redistributing a portion of the sales tax collected at EV charging stations to the STTF and adopting a hybrid approach that combines higher registration fees with targeted EV taxes. These proposals aim to ensure that all drivers contribute their “fair share” toward maintaining Florida’s transportation infrastructure in the face of rapid technological change.

The Voter Guide for the City of North Port’s May 13, 2025 Referendum

/ Categories: Research, Local Government, Voter Guides

The City of North Port, Florida's second fastest growing city in the United States, faces significant challenges from rapid urbanization, population growth, and ongoing recovery from Hurricane Ian's devastating impact in 2022. This Florida TaxWatch report examines the implications of the May 13, 2025 special election referendum, which asks voters to decide on several critical municipal issues.

Using Microelectronic Sensors to Continuously Monitor Vertical Infrastructure

/ Categories: Research

This Florida TaxWatch report explores how microelectronic smart sensor networks can proactively monitor vertical infrastructure to detect issues such as structural fatigue, corrosion, or damage before they lead to catastrophic failures, as seen in the 2021 Champlain Towers South collapse (98 deaths) and the 2018 Florida International University pedestrian bridge collapse (6 deaths).

The What, Why, and How of the Florida TaxWatch Budget Turkey Watch Report

Legislator Resource

/ Categories: Research, Budget/Approps, Budget Turkeys

Florida TaxWatch’s annual Budget Turkey Watch Report for 2025 meticulously examines the state budget to identify appropriations that deviate from sound fiscal management principles. Below is an expanded overview of what Budget Turkeys are, why they are identified, and how they are determined.

Despite Uncertainty and Significant Downside Risk, Florida’s New General Revenue Forecast Adds $1.3 Billion to the Money Available for the New Budget

Budget Watch | March 2025

/ Categories: Research, Budget/Approps

Florida TaxWatch’s Budget Watch report for March 2025 examines the state’s updated General Revenue forecast, which adds approximately $1.3 billion to the money available for the new state budget. After a long streak of collections exceeding estimates, January’s shortfall signals a shift amid mounting economic uncertainty.

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Who Knows What—Analysis of Data Privacy Legislation in Florida

Who Knows What—Analysis of Data Privacy Legislation in Florida

Florida TaxWatch undertakes this updated, independent assessment to better understand the economic impacts that consumer data privacy legislation would have in Florida. The report details the individual cost components that would comprise compliance activities. Building upon the previous research brief, this report calculates the potential economic cost of litigation that a private right of action would produce. The recommendations contained at the end of the report provide policymakers with some key considerations to minimize adverse outcomes while attaining the core goal of data privacy.

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Navigating Federal Pandemic Relief: Following billions in stimulus dollars, where do we go from here?

Navigating Federal Pandemic Relief: Following billions in stimulus dollars, where do we go from here?

The massive amount of federal funding provided in the six stimulus acts provides an unprecedented opportunity to improve Florida and fund programs and infrastructure that have had long-standing backlogs with few past feasible opportunities to address to this degree.

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Beyond the Pandemic: Long-Term Changes and Challenges for Housing in Florida

Beyond the Pandemic: Long-Term Changes and Challenges for Housing in Florida

As unexpected and unpredictable as COVID-19 has been, few could have predicted the housing boom that the pandemic ignited across the nation. The U.S. housing market—notoriously known for its role in the 2007-2009 Great Recession—defied expectations and experienced record price growth over the past year as demographic trends, government policies, and basic supply and demand all coalesced. In the short term, soaring home prices have been well-documented both analytically and anecdotally.

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A Rising Tide Sinks All Homes - The Effects of Climate Change on Florida's Economy

A Rising Tide Sinks All Homes - The Effects of Climate Change on Florida's Economy

With more than 8,400 miles of coastline and a flat, low-lying coastal topography, Florida is especially vulnerable to the effects of sea level rise. Tens of thousands of Florida homes and businesses are at increased risk from sea level rise. Much of Florida’s critical infrastructure is at low elevations, designed and built with little consideration of future sea level rise. The physical effect of changing climate translates into real economic impacts.

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Corporate Income Tax Issues for the 2022 Legislature

Corporate Income Tax Issues for the 2022 Legislature

Federal corporate income tax reform, which had the general aim of broadening the base and lowering the rate, has reduced the federal tax burden on many corporations. However, since Florida adopted most of the base expansion measures without a concurrent rate reduction, federal tax reform has resulted in increased taxes at the state level, even after subsequent state refunds and rate cuts.

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2021 How Florida Compares: Taxes

2021 How Florida Compares: Taxes

Have you ever wondered how Florida’s taxes stack up against the taxes in other states? If so, this report is for you.

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A New Durbin Amendment Would Spell Trouble for U.S. Credit Card Customers

A New Durbin Amendment Would Spell Trouble for U.S. Credit Card Customers

There are times when we are uncertain what will happen if a particular public policy is implemented. A proposal in Congress about cuts in interchange fees on credit cards is not one of them.

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