Budget Watch – Governor’s Recommended Budget
Budget & Appropriations, Research, Taxpayer GuideThis Budget Watch analyzes Governor Scott’s FY2015-16 budget recommendations.
Budget Watch – New GR Estimates Up $627 Million
Local Government, Research, Taxes, Taxpayer GuideAccording to this Budget Watch, lawmakers are expected to have $30.6 billion in General Revenue, plus unspent reserves, to create a state budget in 2015. An historic $30.6 billion budget would be $2.2 billion more than the current spending plan, an increase of 7.9 percent.
Budget Watch – Florida’s Business Tax Climate Judged to be the Nation’s 5th Best
Budget & Appropriations, Research, Taxpayer GuideA new national report ranking Florida’s business climate as 5th best in the nation highlights the state’s strengths but may overstate the attractiveness of Florida’s tax system, according to this report. The ranking is from the Tax Foundation’s 2015 Business Tax Climate Index, an annual publication that analyzes how tax structures compare across states.
Budget Watch – Small Surplus Projected for Next Florida State Budget
Budget & Appropriations, Research, Taxes, Taxpayer GuideFlorida lawmakers are expected to have a small budget surplus when they come to Tallahassee in 2015. State economists have predicted that funding a continuation budget next year will leave $336.2 million in available General Revenue funds. This is the fourth surplus in four years, despite being less than half of the surplus in fiscal year 2013-14.
Budget Watch – Budget Outlook Becoming Clearer
Budget & Appropriations, Research, Taxes, Taxpayer GuideFlorida’s latest cycle of revenue and expenditure estimating conferences show that Florida is still in a healthy post-recession recovery; however, the conferences have resulted in forecasts with slightly tempered expectations. Generally, projections of revenues were reduced from the previous estimates, even though the funds are expected to continue to grow year over year.
