Budget Watch - Projected Shortfall Requires Action

/ Categories: Research, Budget/Approps, Cost Savings, Taxpayer Guide
The 2017 Legislature will be facing a very tight budget year. After a string of three straight years with projected budget surpluses ranging from $336 million to $846 million, it is now estimated that during the next legislative session there will be just enough money to fund a continuation budget for FY2017-18. What’s more, significant budget shortfalls loom in subsequent years.

Discretion on the Bench

/ Categories: Research, Corrections/Judicial, Cost Savings
This report recommends the implementation of a “Judicial Safety Valve” that would give judges the discretion to deviate from mandatory minimums for low-level offenders, but maintain the rights of victims, offenders, their attorneys, and the state to have input on sentencing decisions at sentencing hearings.

Locked Up then Locked Out

/ Categories: Research, Corrections/Judicial, Cost Savings
To decrease recidivism and increase the return on state investment in corrections, offenders need to be able to find jobs and keep them; however, there are several barriers to this goal. This paper addresses some of these barriers and makes policy recommendations.

2015-16 Government Efficiency Task Force Report

/ Categories: Research, Cost Savings

Pursuant to Article III, section 19(i) of the Florida Constitution, the Government Efficiency Task Force (“Task Force”) is pleased to submit its final recommendations to the Governor, the Chief Justice of the Supreme Court, the Chair and Vice Chair of the Legislative Budget Commission. The enclosed report includes 29 recommendations which, if implemented, will significantly improve the efficiency of government operations and will reduce the costs of government by more than $2 billion annually.

Lower Costs & Less Crime

/ Categories: Research, Corrections/Judicial, Cost Savings
Florida can no longer rely on the outdated and inefficient policies of the past, and must begin to consider policies and practices that not only keep Floridians safe, but also address the two primary drivers of growth in the criminal justice system: overincarceration and recidivism. The recommendations detailed in this report, while by no means an exhaustive list of necessary improvements, aim to put Florida on the path to achieve these goals.

Budget Watch - Governor's FY2016-17 Recommended Budget

/ Categories: Research, Budget/Approps, Cost Savings, Taxes
Florida legislators received news this week that they will have $395.6 million less to spend on the next state budget than originally anticipated. Citing weaker corporate profits and adverse developments in the international economy, the state General Revenue (GR) Estimating Conference decreased its estimates of GR collections in each of the six years in its forecast horizon.

Reducing the Business Rent Tax

/ Categories: Research, Cost Savings, Economic Development, Taxes
A reduction in the BRT would be broad-based, benefiting a large number of businesses. All businesses that rent commercial real estate pay the sales tax on those rents, regardless of their profitability or financial shape. Reducing the sales tax would help be a significant help to struggling companies. It would also help new businesses, who may find that other startup costs rule out purchasing real estate as an option.

An Analysis of the Florida Municipal Power Agency Audit

/ Categories: Research, Cost Savings, Energy & Environment

The Florida Municipal Power Agency (FMPA) was established in 1978 to provide competitively priced, reliable power and value-added services for its member municipalities. Concern over higher rates has caused some FMPA member municipalities to “break ranks” in pursuit of lower power rates. This report looks at the FMPA, and the oversight, or lack thereof, that currently exists.

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Florida’s Space Coast is Well-Positioned to Dominate the Future of the Aerospace Industry

Florida’s Space Coast is Well-Positioned to Dominate the Future of the Aerospace Industry

For more than 60 years, Florida’s Space Coast—anchored by Kennedy Space Center (KSC) and Cape Canaveral Space Force Station (CCSFS)—has served as a premier gateway to space, driving tourism, high-tech jobs, and statewide economic output. After major federal program shifts in the 2010s led to significant regional job losses, Florida’s modern commercial-space resurgence—supported by Space Florida’s strategy to diversify the supply chain, modernize infrastructure, and attract private capital—has positioned the Space Coast to lead the next era of aerospace growth.

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New General Revenue Forecast Adds $572.5 Million for the Next Budget

New General Revenue Forecast Adds $572.5 Million for the Next Budget

The General Revenue (GR) Estimating Conference met on January 23 to adopt Florida’s latest GR forecast—the estimate that tells lawmakers how much is available for the next state budget. The updated forecast adds $572.5 million to the amount available for the upcoming budget year, but while meaningful, it amounts to only about one percent of total GR collections.

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Clearwater’s Plan to Establish Its Own Municipal Electric Utility Puts Taxpayers at Risk

Clearwater’s Plan to Establish Its Own Municipal Electric Utility Puts Taxpayers at Risk

Florida TaxWatch examines the City of Clearwater’s plan to acquire Duke Energy Florida’s electric distribution assets and establish a municipal electric utility (MEU) in response to concerns over electric rates and service quality. While the City’s feasibility study projects modest short-term rate savings, Florida TaxWatch finds those projections rely on unrealistic assumptions—most notably an “overnight” conversion that ignores the likely decade-long, costly eminent domain process required to acquire Duke’s assets. Drawing on national municipalization case studies, the report highlights high failure rates, underestimated acquisition and severance costs, loss of economies of scale, and substantial financial exposure for taxpayers. Florida TaxWatch concludes that the proposed MEU represents a high-risk endeavor with limited upside and recommends the City pursue a renegotiated franchise agreement with Duke Energy Florida as a more prudent path forward.

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