Florida Economic Forecast (2023 - 2028)

This detailed report, developed in partnership with the Regional Economic Consulting Group, projects key economic metrics through 2028, including population growth, net migration, employment trends, GDP changes, and the significant impact of tourism on the state's financial health.

As Florida continues to adapt to global economic shifts and internal challenges, this forecast provides invaluable insights for business leaders, policymakers, and citizens alike. From the slowing population growth due to migration changes to the steady increase in tourism, the report offers a clear view of what to expect in the coming years.

Download the full report to understand the forces shaping Florida's economy and how they might impact future growth and opportunities.

Documents to download

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Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

The Florida Legislature is meeting in special session to consider Governor DeSantis’ proposed constitutional amendment and linked legislation to provide significant property tax relief to Florida homeowners. The proposal has many provisions, but the main ones would increase the homestead exemption to $150,000, beginning January 1, 2027, and then increase it to $250,000, beginning January 1, 2028. This exemption will apply to all property taxes. In addition, the cap on the annual increase in the assessment of non-homestead properties would be reduced from 10% to 5%, but this change would not apply to school property tax levies. Any property taxes remaining after the changes would be restricted to being used solely for core services such as public safety, education, infrastructure, debt, and retirement benefits.

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