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

Q3 (2023-2024)

The Broward Bond Oversight Q3 report details significant advancements and challenges in the implementation of the SMART Program for school improvements. As of Q3 2024, substantial progress has been made across various sectors including technology, safety, athletics, and renovations. Technology upgrades have achieved a new district-wide ratio of one computer for every 2 students, surpassing initial goals. Safety improvements have been thoroughly implemented, with all planned single point-of-entry projects completed. In athletics, all track resurfacing and weight room upgrades are finished.

However, the report also outlines challenges, particularly in renovations. Despite many projects advancing, some are delayed, and 29 primary renovation projects are projected to extend past the October 31, 2025 completion deadline set by the school board. Leadership changes and budget adjustments pose additional complexities.

Florida TaxWatch continues to play a critical role in ensuring transparency and effective use of funds, providing detailed oversight and recommendations to address ongoing and future challenges. The report emphasizes the importance of meeting project timelines and budget expectations to fulfill commitments to taxpayers and enhance school facilities effectively.

 

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The Potential Impacts of New Tariffs on Florida’s Economy

The Potential Impacts of New Tariffs on Florida’s Economy

On April 2nd, 2025, a universal 10 percent tariff on all countries was announced by the federal government, with a few countries facing additional reciprocal tariffs of up to 50 percent. A week after the announcement, due to intense volatility in the bond market, a 90-day suspension on the tariffs was announced, with the exception of a 145 percent tariff on certain Chinese goods.

 

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How Childcare Costs Impact Florida’s Economy

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The impact of childcare, as the data suggest, is prominent on Florida’s economy. Losses incurred from turnover and absenteeism of working parents can be avoided with friendlier workplace policies and higher investment in affordable childcare. As an important part of the industry, treating childcare workers better financially can help maintain the workforce in childcare and add to the economy of Florida. Impactful measures that can alleviate the pressing childcare issues mentioned can further grow Florida’s economy.

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