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.
Today, Florida TaxWatch released the Taxpayers’ Budget Guide to the FY2018-19 state budget, which went into effect July 1, 2018.
The 2018 Edition of this annual pocket guide gives taxpayers and elected officials great insight as to how Florida’s taxes compare to other states and the national average across a wide variety of metrics.
Florida TaxWatch has announced the winners of the 2018 Prudential Productivity Awards at a press conference in its offices in Tallahassee. Established in 1989, the Prudential Productivity Awards program is designed to highlight and reward state employees who innovatively reduce costs and improve services for Florida taxpayers.
On Saturday, Floridians will celebrate the first day of the year where taxpayers are finally earning money for themselves and not for the tax collector. Taxpayer Independence Day, calculated by Florida TaxWatch, assumes that every dollar earned since January 1 goes to pay federal, state, and local obligations.
Saturday, April 14, Florida TaxWatch joins the taxpayers in our state in celebrating Florida Taxpayer Independence Day 2018. 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.
Florida TaxWatch’s annual independent review of Florida’s FY2018-19 budget, the Budget Turkey Watch Report , was released today. The report promotes additional oversight and integrity in the state’s budgeting process based on the principle that: because money appropriated by the Legislature belongs to the taxpayers of Florida, the process must be transparent and accountable, and every appropriation should receive deliberation and public debate.
The $88.7 billion budget passed by the Florida House and Senate for FY2018-19 contains 87 appropriations items qualifying as Budget Turkeys worth $147.5 million. Since projects were not added to the budget during conference this year, most of these were flagged because they circumvented established selection processes. This includes 56 local transportation projects worth nearly $120 million. These member projects, for which there is no formal evaluation and selection process, bypass the transportation planning process, potentially diverting funds from projects that are in the DOT work program.
The House unveiled its 2018 tax cut package (HB 7087) almost a month ago, while the Senate’s did not appear until week 8 of the session when it was amended onto SB 620 in the Appropriations Committee. The bills have a lot of similarities, but there are big differences that will have to be negotiated before a final tax cut package is approved.
This publication compares the revenue and expenditure profiles of Florida’s 67 counties to give taxpayers an overview of how their local government stacks up with the rest of the state. The report presents the most recently available data regarding: property taxes, other taxes and fees, county and municipal revenues, county and municipal expenditures, and other related measures.
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