2020 Taxpayers Guide to the FY2020-21 Florida State Budget

/ Categories: Research, Budget/Approps, Taxpayer Guide

After deducting the Governor’s vetoes, the net result is FY2020-21 appropriations totaling $92.270 billion, still a $1.3 billion increase over the previous year. As is usually the case, it is the largest state budget in history. In addition to many facts and figures explaining this year’s budget, past data are also provided to put it in historical context. We hope this annual budget pocket guide gives you the information you need to better understand where and how your hard-earned tax dollars are being spent.

Budget Watch - General Revenue $1.455 Billion Below Estimate

/ Categories: Research, Budget/Approps

General Revenue (GR) collections for the month of May came in $779.6 million (26.4 percent) below estimate. This news comes from the new Monthly Revenue Report, just released by the Office of Economic and Demographic Research.1 It is somewhat surprising that the amount by which May GR collections fell short of the previous estimates is less than that of April ($878.1 million). May collections largely reflect sales activity in April, a month that was almost entirely under the statewide ‘Safer at Home’ order.

Bringing Florida's Budget Back From COVID-19

A Roadmap for a Responsible Recovery

/ Categories: Research, Budget/Approps, Cost Savings

As the nation recovers from one of the worst economic recessions in history, Florida continues to battle unprecedented fiscal challenges and budget shortfalls that have made business-as-usual in state government unsustainable. In response to this crisis, this report presents immediately actionable ideas in the event that a significant budget deficit occurs in FY2020-21.

2020 Budget Turkey Watch Report

An analysis of the transparency and accountability of the budget process

/ Categories: Research, Budget Turkeys, Budget/Approps

The report promotes additional oversight and integrity in the state’s budgeting process based on the principle that: because money appropriated by the Legislature belongs to the taxpayers of Florida, the process must be transparent and accountable, and every appropriation should receive deliberation and public debate. The budget review identifies appropriations that circumvent transparency and accountability standards in public budgeting. 

Budget Watch - April's General Revenue Collections Come in $878 Million Below Estimate for the Month

/ Categories: Research, Budget/Approps

Net General Revenue (GR) collections for the month of April came in $878.1 million (29.4 percent) below estimate. This news comes from a new Monthly Revenue Report just released by the Office of Economic and Demographic Research.1 This is the first month of data to show a significant decrease in revenues due to the impact of COVID-19 on the state’s economy. April GR collections generally reflect March sales tax activity, so the decline in May collections (reflecting April sales) will be much larger.

Telehealth in Florida: Where We Are and What is Next

/ Categories: Research, Health Care

Telehealth is being practiced in Florida every day pursuant to the standards of practice for telehealth adopted by the Board of Medicine and the Board of Osteopathic Medicine. These standards require a Florida license and provide that the standards of care shall remain the same regardless of whether healthcare services are provided in person or by telehealth. There is no shortage of licensed physicians willing to provide telehealth in Florida. Florida statute 456.47, enacted in 2019, is the governing language for the practice of telehealth in Florida. Currently, health insurance companies are not required to pay or reimburse telehealth services, they do so on a voluntary basis pursuant to Florida statutes

Taxpayer Independence Day 2020

Floridians’ tax burden is going to decrease but so is our ability to pay for it

/ Categories: Research, Taxes

Every year, right around the usual April 15 deadline to pay your federal taxes, Florida TaxWatch releases our Taxpayer Independence Day report. This marks the symbolic date that Floridians are finally earning money for themselves–not for the government. This assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations. This measure of tax burden is based on the relative size of all taxes paid in Florida to our state’s total personal income and serves as a gauge for how fast government is growing versus our ability to pay for it. 

State and Local Funding Under the CARES Act

/ Categories: Research

In two dashboards, we explored the distribution of $150 billion in federal aid under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the different states and to qualifying local governments. Each state is allocated an amount proportional to its population size with at least $1.25 billion guaranteed regardless of population share. In addition, local governments with populations over 500,000 can also claim up to 45% of the amount allocated for their population, while the other 55% is retained by the state to serve that same population. Also, a second dashboard shows the distribution among Florida’s qualifying local governments.

Florida's Top Public Employers by County

/ Categories: Research

This Florida TaxWatch Briefing analyzes the significance of public employment in Florida by breaking down the ten largest employers per county (by number of employees) based on whether they are public or private entities. Public entities fall under four levels: federal, state, county, and municipal governments. Of the 670 entities statewide, 280 are public and 390 are private. 

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