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Already enjoying what is called a more than $1 billion budget surplus to appropriate during the 2014 Legislative Session, lawmakers were given another $150 million by the latest General Revenue (GR) Estimating Conference. This Budget Watch report for this coming fiscal year examines the latest round of estimating conferences by state economists and recommends that the Legislature still consider this a tight budget year and continue to implement cost-saving reforms such as those identified by the TaxWatch Center for Government Efficiency.
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A new honeybee research facility could make Florida a global leader in agricultural research and is estimated to return more than $1 million in state tax revenue to Florida. The proposed facility, to be established at the University of Florida, would attract research revenue as well as help recruit and retain top researchers and students.
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Many local governments in Florida have taken advantage of the practice of selling advertising on local transit vehicles and bus shelters, similar to the recommendations made by Florida TaxWatch in multiple cost-savings reports. TaxWatch evaluates allowing advertising on the boxes that house traffic signal controllers in this Report.
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Allowing Advanced Practice Registered Nurses (APRNs) to practice to the fullest extent of their training and experience would increase access to quality health care for Floridians while saving the state up to $339 million, according to this Briefing. To facilitate such practice, Florida's practice and regulation laws must be revisited to remove barriers to nurse practitioner-provided care.
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Statewide expansion of telemedicine could save Florida more than $1 billion annually, according to this TaxWatch report. The report highlights the importance of removing barriers and including incentives for encouraging the use of telemedicine through the creation of a solid policy foundation.
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Florida's nine university research parks help create high-wage jobs, diversify the state economy and ensure Florida retains top graduates, according to this month's Economic Commentary. The report highlights the importance of Florida's research parks to the creation and sustainability of STEM jobs in the state.
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The fiscal condition of Florida's state government is in good shape as evidenced by a new study that ranks the state sixth overall in the nation, though there are some limitations with the reports findings, according to this analysis by Florida TaxWatch.
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Florida must have an integrated Information Technology (IT) Governance model to improve IT services and reduce costs, according to this Report. The Report analyzes Florida's needs and options and finds that a federated governance structure will reduce duplicative IT investments and allow the state to allocate resources more efficiently.
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Florida's growing economy created an estimated 192,900 private sector jobs in 2013, according to this annual jobs report. The 2013 growth rates show Florida leading the nations high-population states with the largest per-capita increase in jobs. The state also saw the second-largest yearly percentage increase in non-farm employment in the nation with a 2.6 percent growth rate.
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This Briefing recommends that the state decriminalize the possession of minor amounts of oxycodone and hydrocodone, and lower mandatory minimums to save significant tax dollars, reduce prison populations, and help shift the focus to treatment for substance abuse problems.
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This report shows that all economic development strategies are not created equal, and details the spillover effects of several popular economic development projects. Although each local community must address its individual economic needs, the report shows that targeting certain areas of economic growth produce higher return on investment.
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This Briefing recommends that the state put in place the guidelines for an Adult Civil Citation program, patterned on the existing Juvenile Civil Citation program, which offers an alternative process to misdemeanor arrest for first-time nonviolent youth offenders.
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