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2020 How Florida Compares: Taxes

Research, Taxes, Taxpayer Guide

This report is part of our larger How Florida Compares series, which is intended to help Floridians better understand their state through data.  This report, like each report in this series, provides neutral, nonpartisan information on where Florida ranks compared to our 49 sister states and the national average.  

Budget Watch – GR Estimates Down $32.6 Million

Budget & Appropriations, Research

Florida’s General Revenue (GR) Estimating Conference met on August 16 and forecast that the state would collect $13.1 million less than expected in FY2018-19 and $19.5 million less in FY2019-20. This reduces the estimated GR that the Legislature will have for the next state budget by $32.6 million, a change of less than one-tenth of 1 percent.

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.

2017 Recognitions & Awards

In the News

Here is a list of the specific Zak's products that received these recognitions in 2017: Good Food Awards: Cacao Nib Caramel International Chocolate Awards Silver:

2017-18 Taxpayers Budget Pocket Guide

Budget & Appropriations, Local Government, Research, Taxes, Taxpayer Guide

Florida TaxWatch is pleased to present taxpayers with a guide to the FY2017-18 state budget, which went into effect July 1, 2017. After deducting the Governor’s vetoes, the net result is FY2017-18 appropriations totaling $85.158 billion, a $2.9 billion (3.5%) increase over FY2016-17.

2017 Taxpayer Independence Day

Research, Taxpayer Guide

On April 17th, Floridians will celebrate Taxpayer Independence Day 2017, the first day of the year where taxpayers are no longer working to pay off their tax bill but are working for themselves. This symbolic date, calculated by Florida TaxWatch, assumes that every dollar earned from the start of 2017 went to pay taxes at all levels of government.

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