Florida’s Water Supply: Could Florida Experience a Significant Water Supply Shortage by 2025? Florida’s Water Supply: Could Florida Experience a Significant Water Supply Shortage by 2025?

Florida’s Water Supply: Could Florida Experience a Significant Water Supply Shortage by 2025?

A Florida TaxWatch Commentary

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This commentary highlights a looming water crisis in the Sunshine State. Despite its reputation for abundant water resources, Florida could face a significant water supply shortage as early as 2025, according to projections from the Florida Office of Economic and Demographic Research. The report estimates that $1.7 billion in investments for critical water projects is needed by 2040 to avoid a severe shortage. This challenge is exacerbated by Florida's rapid economic and population growth, with an expected 26.4 million residents by 2040. The commentary criticizes current water project funding processes as disjointed and inconsistent, emphasizing the need for a comprehensive statewide strategy. It also discusses recent legislative efforts and proposes solutions, including the implementation of a Five-Year Water Project Work Program.

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An Independent Assessment of the Economic Impacts of Indian River State College An Independent Assessment of the Economic Impacts of Indian River State College

An Independent Assessment of the Economic Impacts of Indian River State College

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The Florida TaxWatch report reveals the substantial economic and educational contributions of Indian River State College (IRSC) to Florida's Treasure Coast and the broader state economy. IRSC, recognized for its affordability and high-quality programs, plays a pivotal role in workforce development through its extensive certificate and degree offerings. The report emphasizes the college's efforts in minimizing student debt and enhancing job readiness through strategic partnerships with businesses and local schools. Economically, IRSC creates over 15,000 jobs annually and generates a significant economic output, with every dollar spent translating into a substantial return for the Florida economy. This analysis serves as a crucial resource for understanding the intersection of education and economic growth, and the strategic role of community colleges like IRSC in fostering regional economic development.

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Florida Economic Forecast: Q1 2025

Florida Economic Forecast: Q1 2025

Florida's economy has been growing to new heights these past years -- reaching nearly $1.5 trillion. The Q1 2025 economic forecast by Florida TaxWatch examines key trends in population growth, employment, income, GDP, and tourism, offering valuable insights for policymakers, business leaders, and taxpayers.

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