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State Budget & Taxes

State taxation and budget decisions are important because they directly influence the quality of education that our children receive, the condition of the roads that we travel, and the health and safety of our communities. Taxation and budget decisions go hand-in-hand. How the state raises revenues to pay for public services is determined by its tax structure.  On the other hand, how the state decides to spend its revenue is reflected in the budget.

Featured Resources
Policy Brief
Revenue and spending projections for the next three years suggest that the state may have insufficient funds to pay recurring costs after Fiscal Year 2018-19. While legislative leaders may use projected shortfalls to reduce spending, other alternatives should receive equal consideration to ensure the adequate provision of needed services and maintaining a balanced budget. Read more...
Benchmarking Florida
Florida ranks 12th in the nation and receives an overall grade of “C.” In 2016, the state finances slid further into the red with total assets available for paying debts of $61.4 billion, compared to total debts of $71.3 billion, leaving the state with excess debts of almost $10 billion. Read more...
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Report
While Florida’s adopted budget improves over Governor Scott’s initial proposal, in several areas it still fails to meet the needs of a Florida that delivers on the promise of prosperity for all its residents. Read more...
Benchmarking Florida
Florida has one of the highest incarceration rates in the nation. It is above the national average and second only to Texas among large states. The number of people confined in prison and the fast growth rate of people sent to prison will have a significant social and economic impact on the state. Read more...
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