Florida Taxpayer Independence Day 2024

/ Categories: Research, Taxpayer Guide

In 2024, Floridians will spend an average of 107 days working to pay off their tax obligations. The state's total tax burden is estimated at $455 billion, with federal, state, and local taxes accounting for 71%, 15%, and 14%, respectively. Over the past decade, total taxes paid by Floridians have increased by 90%. Despite the challenges, Florida's state tax burden remains one of the lowest in the nation. Download the full report to learn more about the tax landscape in Florida.

“If You Build It, He Will Come”: Florida TaxWatch Looks At The Tampa Bay Rays’ Ballpark Proposal

/ Categories: Research, Local Government

This report analyzes the key aspects of the deal and identifies critical questions that local officials should consider before deciding whether the proposed ballpark is in the best interest of taxpayers.

The report does not draw conclusions on the merits of the deal but instead focuses on outlining the important factors that need to be weighed, such as the total public costs, the best use of public funds, and the fairness of the cost-sharing agreement. While the project is expected to generate significant economic impacts over 30 years, research shows that the benefits of publicly subsidized sports facilities are often overstated.

To learn more about this critical issue affecting the Tampa Bay region, download the full report for an in-depth, independent analysis.

2020 Census – How Florida Counties Compare

/ Categories: Research, Census

"2020 Census Participation: How Florida Counties Compare," provides valuable insights into census participation across the state in 2020 and emphasizes the importance of securing a complete count in the upcoming 2030 Census.

The report examines key metrics, highlights the costly impacts of undercounts, and outlines actionable steps businesses and individuals can take now to support a complete count.

With Census Day 2030 approaching, the time to prepare is now. Download the full report to learn more and discover how you can help ensure Florida receives its fair share of federal funding and representation.

2024 Florida Legislative Session Wrap-Up

The 2024 Florida Legislative Session Wrap-Up offers a concise yet thorough review of the session's key outcomes. With a $117.5 billion budget, over $1 billion in tax relief, and nearly $10 billion in reserves, the Legislature addressed crucial issues in healthcare, education, insurance, and the environment. The report provides an insightful overview of the bills and budget items that passed, as well as notable legislation that failed to advance, making it an essential resource for understanding the current state of Florida policy and its implications for residents and taxpayers.

Monitoring and Oversight of General Obligation Bonds to Improve Broward County Schools

Q2 (2023-2024)

/ Categories: Research, Broward BOC

This report for the Broward Bond Oversight Committee offers an insightful overview of the SMART Program's achievements and challenges as it progresses into its tenth year. Broward County Public Schools (BCPS) remains committed to enhancing educational facilities, technology, safety, arts, and athletics through the strategic use of General Obligation Bond funds. Despite facing unforeseen challenges, the program is on track, with significant milestones reached in school safety enhancements and technology upgrades, ensuring an enriched learning environment for students. Financial oversight and community engagement are emphasized as key elements in maintaining transparency and accountability. As BCPS navigates through these complexities, the report underscores a collective effort towards fulfilling the promises made to the community, aiming for the complete execution of the SMART Program by October 31, 2025.

Session Summary: 2024 Taxpayer Roundup

/ Categories: Research, Budget/Approps

The Florida TaxWatch's 2024 Legislative Session Taxpayer Roundup report provides a comprehensive overview of significant tax legislation in Florida, highlighting nearly $1 billion in tax relief measures, including toll credits and potential property tax savings through a proposed constitutional amendment. Key successes include substantial tax cuts, sales tax holidays, and new tax credits aimed at supporting employment and child care.

Unleashing Digital Transformation: 2023 MakeMore Manufacturing Summit Summary Report

/ Categories: Research, Manufacturing

The 2023 MakeMore Manufacturing Summit Report delves into the significance of digital transformation in Florida's manufacturing sector. It provides a comprehensive overview of current challenges, opportunities, and advancements within the industry, with a particular focus on the adoption of new technologies for enhanced value and profitability. Tailored for policymakers, industry stakeholders, and interested parties, the report highlights the summit's collaborative efforts to drive economic growth and job creation in Florida. It serves as a crucial resource for understanding the future direction of manufacturing in the state and underscores the importance of innovation and technology in maintaining competitive edge and fostering a robust manufacturing ecosystem.

2024 Update: Long-Term Rental Markets In Florida

/ Categories: Research, Housing Affordability

This Florida TaxWatch commentary highlights the imbalance between the demand and supply of rental units in the state, leading to rising rental costs. The document notes significant increases in rental prices since the pandemic, with specific emphasis on metropolitan areas like Miami, Tampa, and Jacksonville. It also addresses the impact of these rising costs on Florida's workforce and economy, including the implications for cost-burdened households. The paper further examines state-to-state migration trends, particularly focusing on Florida residents moving to Georgia for more affordable housing options. The overall narrative suggests a complex interplay between economic factors, housing market dynamics, and demographic shifts in Florida's rental market.

Florida TaxWatch Census Primer: Agriculture

/ Categories: Census

"Florida TaxWatch Census Primer: Agriculture" discusses the impact of census undercounts on Florida's agriculture sector. It highlights the consequences of the 2020 census, where Florida missed counting 750,000 residents, leading to significant losses in federal funding and representation. The primer emphasizes the importance of accurate census counts for securing federal funding and making informed decisions in agriculture and rural development. It concludes by urging stakeholders to actively prepare for the 2030 Census to maximize accuracy and benefits for Florida's agricultural community.

The 2030 Census Needs Your Attention

A Legislative Primer for the 2030 Census

/ Categories: Census

Why you should care about the impact of the undercount in the 2020 Census in Florida and outlines strategies to improve census participation for 2030. This primer highlights that Florida missed approximately 750,000 residents in the 2020 count, which could lead to a significant loss in federal funding and possibly an additional congressional seat. The document emphasizes the importance of census data in resource allocation, emergency planning, and business decisions. It suggests actions for legislators, constituents, and businesses, such as funding Complete Count Committees, promoting awareness, and integrating census information into community and business activities.

Addressing Florida's Escalating Physician Shortage: Strategies and Solutions

/ Categories: Research, Health Care, Releases

This paper addresses the growing issue of physician shortages in Florida. This shortage is primarily driven by an increasing and aging population, coupled with a high rate of physician retirements. The report evaluates the gap between healthcare demand and the supply of physicians, emphasizing the need for more medical students and improved healthcare policies. It discusses strategies like expanding Graduate Medical Education, utilizing telehealth, and leveraging Advanced Practice Registered Nurses to mitigate this shortage. The paper also considers legal and business aspects of practicing medicine in Florida, suggesting improvements to attract and retain healthcare professionals.


 

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