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Florida residents are keenly aware that tourism is an important economic engine providing power to the state economy, and several Florida TaxWatch publications provide economic data supporting this observation. Tourism is one of the top providers of jobs for Floridians and a serves as a major source of tax revenue for the state.
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As Florida House and Senate leaders prepare to negotiate the differences in their budget proposals passed last week, one potential sticking point will be tax cut packages. The latest Florida TaxWatch Budget Watch outlines the tax cut options thus far.
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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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A more than $4 billion dollar difference between the House and Senate budget proposals is detailed in this annual analysis of the initial budgets, which shows that the largest point of contention between the chambers is in funding the health and human services portion of the budget.
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Florida delivers substance abuse and mental health services to the indigent and uninsured through a regional model managed by Behavioral Health Managing Entities (BHMEs). This report finds that this BHME model is a good behavioral healthcare system that provides a framework for future success.
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The lionfish, native to the Indo-Pacific region, is an invasive species in the Atlantic Ocean and Caribbean that devours native fish and competes for food with native predators, and represents a threat to several important industries in Florida, including sport and commercial fishing, and to the health of coral reefs and the biodiversity in our waters. |
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Easing the tax burden for Florida families and businesses would also attract business investment, create Florida jobs and grow the state's information-based economy, according to this report, which highlights the state's Communications Services Tax, the fourth highest in the nation.
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This report, the third in a series, outlines options to reform Florida's class size limits that have cost taxpayers more than $30 billion since voters approved them in a 2002 constitutional amendment.
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This Budget Watch analyzes Governor Scott's FY2015-16 budget recommendations.
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This report highlights several often overlooked benefits to the program, including that it is one of the only economic development programs available to retailers and that companies in Enterprise Zones provided necessary services to their communities, such as access to food and medications.
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For the past four years, the January edition of the monthly Florida TaxWatch Economic Commentary has analyzed the annual Florida employment figures for the previous year. Since the first such analysis in January 2011, Florida has gained approximately 710,200 nonfarm jobs, which equates to a 9.9 percent growth.
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Florida's state agencies are requesting $75.602 billion from the Legislature in 2015, a modest increase of $660.8 million. Eighteen of the state's agencies are asking for more money in the upcoming budget year, while twelve agencies have proposed reducing their funding levels.
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