The Taxpayer’s Guide to Florida’s FY2026-27 State Budget
Budget & Appropriations, ResearchDear Fellow Taxpayer, Florida TaxWatch is pleased to present taxpayers with a guide to the FY2026-27 state budget, which went into effect July 1, 2026. […]
Dear Fellow Taxpayer, Florida TaxWatch is pleased to present taxpayers with a guide to the FY2026-27 state budget, which went into effect July 1, 2026. […]
Tallahassee, Fla. – Today, Florida TaxWatch released its Briefing: Florida’s Property Insurance Market, informing Florida taxpayers of the current status and stability of the property
This is the Florida TaxWatch annual independent review of Florida’s FY2023-24 budget process. The report was started in 1983 and promotes 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 thorough, thoughtful, transparent, and accountable. Every appropriation should receive proper deliberation and public scrutiny. This includes member-requested projects.
Florida has always endured a complex property insurance market due its unpredictable weather and proneness to hurricane catastrophes. Recent issues, however, have nearly pushed the market to the brink of collapse. With the combination of insurance company insolvencies, excessive litigation from fraud, and the recent devastation from Hurricane Ian, Florida’s crisis continues to worsen.
The 2020 Florida Legislature enacted two more sales tax holidays, a three-day “back-to-school” and a seven-day disaster preparedness tax holiday. Although the pending threat from the COVID-19 virus lead to the Legislature eliminating nearly all the tax cuts they were considering, the popularity of sales tax holidays was affirmed once again. From May 29-June 4, items to help Floridians prepare for hurricane season, such as flashlights, portable two-way or weatherband radios, waterproof sheeting, generators, and tie-down kits will be exempt from sales sax. This will save Floridians an estimated $5.6 million.
On February 14, 2018, the House Ways & Means Committee unveiled and passed its proposed tax cut package. The bill contains numerous tax relief provisions, covering sales taxes, property taxes, corporate income taxes, documentary stamp taxes and traffic fines. Several temporary exemptions to provide tax relief for agriculture and homeowners impacted by hurricanes are included.
Governor Rick Scott recently released his eighth and final budget recommendation. This report details the proposal by budget area.
TALLAHASSEE, Fla. – The latest General Revenue forecast paints a slightly less gloomy picture than previous projections, as highlighted by the December edition of the
The Federal Emergency Management Agency (FEMA) has undertaken rulemaking to consider the establishment of a deductible for its Public Assistance Program. Has Florida taken the right steps to make this new rule a favorable one?
Few legislative decisions have been as wildly popular as Florida’s “sales tax holidays.” They have become more than just a tax break. They are a traditional back-to-school event that families plan for, neighbors talk about and businesses promote. This year’s back-to-school sales tax holiday – from August 5 through 7 – is shorter than last year and does not exempt from taxes some items previously included such as computers. But there are few tax breaks that generate such excitement among taxpayers while stimulating business activity with increased advertising and competition.
