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The economic modeling done in this Report, looking at the impact of investing more in Florida's tourism industry, indicates that the Florida tourism industry reaching the milestone of 100 million annual visitors would create 121,298 jobs, and increase overall personal income for Floridians by $5.3 billion.
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Continuing a legacy that has resulted in the savings of at least $3.5 billion in Floridians' hard-earned tax dollars over the last four years alone, Florida TaxWatch added more than $1 billion in cost-saving options for lawmakers this year, with the release of this Report. This year's Report is the fifth in as many years from Florida TaxWatch, the independent, nonpartisan, nonprofit taxpayer research institute and government watchdog headquartered in Tallahassee.
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Consistent with the research and educational mission of Florida TaxWatch, the 2012 Voter Guide is the third consecutive Guide released during a statewide election cycle. TaxWatch released similar Guides in 2010 and 2008, and has written extensively on individual Constitutional Amendments going back nearly 30 years. |
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The September 2012 Florida TaxWatch Budget Outlook provides details on the revenue projections, how much spending is expected to increase, and a look at Critical and High Priority Needs items within that expected increase.
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Updated to include Governor Scott's vetos, this piece details the progress made this legislative session on the GCSTF Recommendations for FY 2012-13
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"Just weeks after being sworn in as governor, Rick Scott released his first budget which called for several billion dollars in spending cuts and the layoff of thousands of state workers. "
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"Facing an estimated $5 billion to $6 billion shortfall, lawmakers faced some tough decisions. This report examines sources of general revenue and their impact. "
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"Sales taxes, corporate income taxes, and medical and hospital fees are scrutinized for the revenue each is likely to provide to lawmakers."
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"Budget drivers such as Medicaid, school enrollment and voluntary pre-K are examined in this report which explores the budget shortfall facing the 2011 legislature. "
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"Despite talk of a looming budget shortfall, the final budget of Charlie Crist's tenure as governor called for a $2.7 billion increase in spending. "
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"While saying he's not recommending any tax increases, Governor Charlie Crist is proposing $558 million in new fees. This report details key allocations contained in the budget. "
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