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Failure to Fund Tourism Would Devastate the Sunshine State

Press Releases

Florida tourism is an absolutely critical industry to the state, employing millions of people and contributing millions of dollars to state coffers. Despite its importance to the Sunshine State, tourism is in the crosshairs of the Florida House, a costly decision according to the latest report by the state’s premier non-partisan government watchdog, Florida TaxWatch.

Budget Watch – Projected Surplus Not As Large As It Seems

Budget & Appropriations, Research, Taxpayer Guide

It is estimated that the 2016 Florida Legislature will have a budget surplus for FY2016-17, meaning major budget cuts should not be needed and there should be some money left over for new initiatives. After funding a continuation budget, including expected cost increases in current programs and other historically funded items, it is anticipated that there will be $635.4 million (including an allowance for $1 billion in cash reserves) in General Revenue (GR) left over.

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