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This Economic Commentary recommends that the required analysis be completed to determine the impact of the Biggert-Waters Flood Insurance Reform Act. Removal of the subsidies could affect home values and purchasing patterns, potentially resulting in reduced tax receipts from local property tax collections. To determine if the impact will be substantial, the report recommends the Federal Emergency Management Agency conduct the required affordability study prior to implementation of the Act.
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The 2013 Florida TaxWatch Annual Report: Positioning Florida for 2014: Building on a Solid Foundation
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This Report, from the TaxWatch Center for Government Efficiency, highlights more than $1 billion in savings for Florida taxpayers, without reducing state-provided services. The six comprehensive recommendations included in the Report address replacement of the state's accounting system; information technology governance, procurement and state asset management; pension reform; criminal justice reform; state health insurance reforms; and revenue maximization.
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Florida is neglecting millions of dollars in federal tax incentives, according to this Briefing. Federal legislation allows for tax deductions to offset the cost of energy efficient new buildings or building renovations, which result in added value to the state. TaxWatch recommends the state identify public buildings that could receive the tax deduction.
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Florida's new education assessment should measure students content mastery and compare their achievement to students outside of the state, according to this Briefing. An effective assessment requires student comparison, field testing and alignment with the new standards, which call for students to master content at a deeper level and apply their comprehension skills.
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This Ideas in Action piece features opinion-editorials published by the Tallahassee Democrat in October 2013. They are republished here with permission from the authors.
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This Ideas in Action is written by Roger Kaufman, Ph.D., professor emeritus, Florida State University, and Distinguished Research Professor at the Sonora Institute of Technology (Mexico). The piece discusses how a useful strategic plan can help a University.
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The federal government shutdown is negatively affecting tax revenues and capital investment in Florida, according to this report, which outlines the potential impacts an extended shutdown would have on Florida's economy.
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This Economic Commentary looks at the Florida Trade and Logistics Study, the first transportation study in Florida that took into account such a wide variety of stakeholders and system components. The second iteration of the study is expected in the next few months.
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Florida Boys and Girls Clubs (FBGC) participants demonstrate significant differences in educational and juvenile justice outcomes versus similar peers who do not take advantage of the FBGC programs, according to this Special Report.
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Within Florida's new educational standards, students will be expected to understand and apply rigorous English language arts and mathematics content at a much deeper level, to reflect on what they are learning, to defend or depart from conclusions, and to collaborate with other students in their learning process. For students to be successful, teachers must be afforded time with their colleagues to develop the same skills for their instructional practices.
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The Legislative Budget Commission has adopted the Long-Range Financial Outlook, which contains an expected budget surplus of $846 million for FY 2014-15. This marks the second year in a row that the Florida Legislature will likely have a surplus after funding the continuation budget.
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