Report and Recommendations of the Florida Tangible Personal Property Tax Task Force

/ Categories: Research, Taxes
The Tangible Personal Property Tax raises nearly $2 billion annually for state government but many believe its benefits are offset by the cost to Florida businesses and a lack of uniformity in its application to taxpayers across the state. This report recommends a constitutional amendment to give the Legislature flexibility in administering the tax.
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How Florida Counties Compare

/ Categories: Research, Local Government
"This report compares the revenue and expenditure profiles of Florida's 67 counties to provide taxpayers an overview of how their local governments compare with the rest of the state's. While the focus is on county and municipal governments, there is information on all types of local jurisdictions, including special districts and school districts. "
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1/26/2026
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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2/5/2026
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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2/10/2026
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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