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Taxpayer Independence Day 2019

Research, Taxes

On Sunday, April 14, Florida TaxWatch joins the taxpayers in our state in celebrating Florida Taxpayer Independence Day 2019. On that day, Floridians are finally earning money for themselves–not for the tax collector. This symbolic date assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations.

Budget Watch – General Revenue Estimates Inject $842 Million Into The Next Budget Process

Budget & Appropriations, Research

Less than a week after the Senate Appropriations Committee heard a gloomy presentation on the outlook for the upcoming budget, the General Revenue Estimating Conference met on December 18 and increased the revenue projections by $461.5 million in FY2018-19 and another $380.5 million in FY2019-20. This means the 2019 Legislature will have an estimated $842 million more in General Revenue (GR) collections for the next state budget than was previously expected.

2018 Voter Guide Wrap-Up: $1.5 Billion in Local Tax Referenda

Research, Taxes, Voter Guides

On November 6, 2018, Floridians voted on 12 proposed amendments to the Florida Constitution. Eleven of the 12 passed with at least a 60 percent majority, all but Amendment 1, which would have provided an additional $25,000 homestead property tax exemption. But the amendments were not the only thing that voters had to agree on. In addition to the amendments, voters across Florida chose to put in place a number of local tax measures and new bond issues.

Florida TaxWatch Welcomes New Chairman And Executive Committee Members For 2019

Press Releases

TALLAHASSEE, Fla. – The 2018 election made its mark on Florida’s elected leadership, ushering in a new Governor, Attorney General, and Agriculture Commissioner, electing a previously appointed Chief Financial Officer, as well as new legislators and members of the Congressional delegation. However, the Florida legislative and executive branches are not the only ones welcoming in a new slate of leaders. Earlier this month, Florida TaxWatch welcomed the organization’s new chairman, Senator Pat Neal, at its 39 th Annual Meeting in Ponte Vedra Beach.

Budget Watch – Actual GR Collections in 2017-18 Exceed Estimates

Budget & Appropriations, Research

Actual net GR collections for the fiscal year that that just ended exceeded the last estimate (February 2018, adjusted for legislative changes) by $205.2 million (0.66 percent). This will be added to the unobligated FY2018-19 GR (cash reserve) balance of $1.026 billion to be carried forward to the next budget year (FY2019-20). These numbers, along with the current cycle of the state’s Estimating Conferences, can begin to define the fiscal outlook for the next state budget that will be developed by the 2019 Legislature.

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