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.

More States Are Using State-Level Tax Credits to Address Workforce and Affordable Housing Deficits

Florida Should Consider These Incentives

/ Categories: Research, Housing Affordability

This Florida TaxWatch report highlights a severe affordable housing crisis in Florida, where rising housing costs and a limited supply of affordable units place significant financial and social burdens on low-income families and essential workers. It advocates for the adoption of state-level tax credits to supplement federal programs, thereby incentivizing the construction of affordable housing, stimulating local economies, and reducing public costs.

An Independent Assessment of the Economic Impacts of South Florida’s St. Thomas University on Florida’s Economy

/ Categories: Research, Economic Development, Education, ROI Study

St. Thomas University (STU) plays a large role in Florida’s economy, fostering workforce development and economic mobility, particularly for underrepresented communities. This Florida TaxWatch ROI report evaluates STU’s impact, highlighting its contributions to job creation, income growth, and return on investment. With record-breaking enrollment, a diverse student body, and strong financial stability, STU generates over $1.5 billion in economic output and supports more than 8,500 jobs. Every $1 spent on STU results in $21.50 of economic output.

Enhancing Lives, Ensuring Accountability: The Value of Florida’s Behavioral Health Managing Entities

Tenth Year Review

/ Categories: Research, Cost Savings, Health Care

Florida’s Behavioral Health Managing Entities (BHMEs) are at the heart of an innovative, community-based network delivering critical mental health and substance use services across the state. This report’s summary reveals how BHMEs efficiently coordinate a vast network of providers with minimal overhead—ensuring accessible, continuous care for vulnerable populations—while highlighting the risk that stagnant operational funding poses to their long-term sustainability. It ultimately recommends boosting operational funding from 3% to 5% to maintain the system’s effectiveness and guide future policy decisions.

Florida Economic Forecast: Q3 2024

A Florida TaxWatch Economic Commentary

/ Categories: Research, Economic Development, Economic Forecast

Florida's Economic Forecast 2024–2030 offers a concise look at Florida's future economic landscape. The report, built on REC Group data, outlines how the state is expected to continue growing—approaching a nearly $1.5 trillion economy—while highlighting shifts in population, net migration, and employment. It also examines changes in GDP, personal income, and the influence of tourism, comparing these trends to broader national economic indicators. Overall, the forecast serves as a valuable guide for understanding the opportunities and challenges Florida may face as it transitions into a more normalized, post-pandemic economic environment.

The Consequences of a Census Undercount on Florida’s Healthcare Funding

/ Categories: Research, Census Institute, Census, Health Care

Florida’s 2020 Census undercount has put billions of federal healthcare dollars at risk. With 750,000 residents uncounted, the state is projected to lose up to $21 billion in funding for Medicaid, CHIP, and other essential programs. This miscount impacts hospital planning, healthcare access, and federal funding formulas, costing Florida taxpayers $2.3 billion annually in lost Medicaid funds alone.

Solvency of the State Employees' Health Insurance Trust Fund

/ Categories: Research, Cost Savings, Economic Development, Health Care

Florida TaxWatch’s latest report examines the financial solvency of the State Employees' Health Insurance Trust Fund, which faces rising costs and potential deficits in the coming years. Despite a projected $652.7 million cash balance for FY 2024-25, increasing healthcare expenses could lead to a $1.5 billion deficit by FY 2028-29. The report recommends increasing employee contributions to align with those of other large employers, potentially saving the state $446 million annually. Proactive policy changes are urged to ensure the fund’s sustainability amid future budget challenges.

Social Determinants of Health: Economic Stability

This report, the fifth installment in Florida TaxWatch’s five-part Social Determinants of Health series, examines how economic stability—steady employment, adequate income, food security, and housing stability—affects health outcomes. It highlights the health disparities faced by low-income families and advocates for policies promoting job access, affordable housing, and proper nutrition to improve public health across Florida.

Teaching Every Child to Swim Saves Thousands of Lives from Needless Drownings and Taxpayers Millions

/ Categories: Research, Cost Savings, Education, Energy & Environment, Every Child a Swimmer

This Florida TaxWatch report highlights drowning as a leading cause of death for children in the U.S., particularly in Florida. It stresses the importance of teaching children water safety, noting that swimming lessons can reduce drowning risk by 88%. Despite recent legislative efforts, more actions are needed, such as offering drowning prevention videos to new parents in hospitals and increasing safety measures for at-risk children, including those with autism. The report calls for continued policy efforts to prevent drowning-related tragedies and save lives.

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

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.

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AHCA Warns Medicaid Costs Could Soar Due to COVID-19

Florida’s Medicaid program is projecting a significant shortfall (approximately $1 billion) in the 2020-2021 budget due to the ballooning Medicaid enrollment (largely due to the impacts of COVID-19). As more and more Floridians lose their jobs and their health coverage due to the economic downturn, many turn to Medicaid as their form of healthcare Florida’s Agency for Health Care Administration (AHCA) forecasts that there will be an additional 437,390 Floridians turning to Medicaid for their health care in the coming new fiscal year, which starts July 1. The increase in enrollment could potentially increase the overall cost in the coming year by as much as $3 billion; however, the state is not on the hook to cover the full $3 billion due to the federal-state partnership for Medicaid financing, formally known as the Federal Medicaid Assistance Percentage (FMAP). Florida is expected to pay about $1.07 billion of the $3 billion, based on AHCA’S analysis.

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2020 Budget Turkey Watch Report

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. 

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Q3 2019-20 Broward Schools SMART Program Report Review

Presented to the Broward County Bond Oversight Committee June 15, 2020 

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Bringing Florida's Budget Back From COVID-19

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.

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Budget Watch - General Revenue $1.455 Billion Below Estimate

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.

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