Florida

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    • Headlines : Florida

      House passes $69.2 billion budget, over complaints about charters, foster kids and colleges

      The Orlando Sentinel | February 10, 2012

      With a month left in the lawmaking session, the House budget that passed largely along party lines remains out of sync with the Senate's spending priorities on a few major issues - such as health-care and environmental spending.

    • Headlines : Florida

      Senate budget calls for more local funding, less state money for hospitals

      The Miami Herald | by Tia Mitchell | February 9, 2012

      As chairman of the Senate's Budget Subcommittee on Health and Human Services Appropriations, Sen. Joe Negron unveiled his $7.5 billion general fund spending proposal.

    • Headlines : Florida

      Gov. Scott will reject tuition increase

      The Miami Herald | by Steve Bousquet and Kim Walmath | February 1, 2012

      Gov. Rick Scott and his fellow Republican lawmakers are poised for a budget battle over raising college tuition by 8 percent. Scott opposes the move.

    • Headlines : Florida

      Fla. House rolls out nearly $69.2 billion budget

      The Miami Herald | by Gary Fineout | January 28, 2012

      The House version of the budget is nearly $3 billion more than the one recommended by the governor last month.

    • Headlines : Florida

      Private-prisons bill advances in Florida Senate

      The Miami Herald | January 26, 2012

      Lawmakers in committee voted 13-5 to put the privatization of 30 lockups across the southern end of the state on the fast track despite concerns of unions and lobbyists.  For-profit prison vendors would be required to run prisons at a cost of at least 7 percent less than what state-run prisons cost taxpayers.

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    FL Gov Scott

    Gov. Rick Scott
    The Capitol
    Tallahassee, FL 32399-0001
    Phone: (850) 488-2272
    Fax: (850) 922-4292
    http://www.flgov.com/

    Tracey Fannon, Budget Chief
    Office of Policy and Budget
    1702 The Capitol, Executive Office of the Governor
    Tallahassee, FL 32399-0001
    Phone (850) 487-1880
    Fax: (850) 488-9005

     

    2012 Legislative Calendar: Regular Session convenes January 10, adjourns March 9.

     

    Legislative Budget Leaders:
    Rep. Denise Grimsley (R), Chair, House Appropriations Committee; Vice-Chair, Joint Legislative Budget Commission, (850) 488-3457

    Rep. Chris Dorworth (R), Vice-Chair, House Appropriations Committee, (850) 488-5843

    Rep. Stephen L. Precourt (R), Chair, House Finance & Tax Committee, (850) 488-0256

    Rep. Lake Ray (R), Vice-Chair, House Finance & Tax Committee, (850) 488-4388

    Sen. JD Alexander (R), Chair, Senate Budget Committee; Chair, Joint Legislative Budget Commission, alexander.jd.web@flsenate.gov (863) 679-4847

    Sen. Joe Negron (R), Vice-Chair, Senate Budget Committee, negron.joe.web@flsenate.gov (772) 219-1665

     

    The current state budget can be found here.

     

    florida budget trends graph

     

    FL state seal

     

    Florida is required to pass a "balanced budget." Sections 216.165 and 216.221 of the state law require the governor to recommend revenues sufficient to fund appropriations. Florida law forbids the carrying over of a deficit from one year to the next. Florida's governor is required to monitor revenues to ensure that all the necessary revenues are being raised. If a deficit is developing, then the governor, house speaker, senate president and chief justice are to reduce costs to eliminate the deficit. Florida has one of the most aggressive policies for maintaining a balanced budget in the country, requiring that when the budget isn't balanced, it is to be made balanced. In spite of these laws and policies, Florida reported budget deficits (negative net transactions) for the three years studied.

     

    The State maintains four individual governmental funds: the General Fund, the Environment, Recreation & Conservation Fund, the Health & Family Services Fund, and the Transportation Fund. The State budgets its financial activities on a cash basis of accounting and budgets three major funds: the General fund, the major special revenue fund (comprised of 3 lesser funds), and special revenue fund (comprised of about 19 to 20 lesser funds). On the Budgetary Comparison Schedule neither one of these budget categories include a "Total" column for the lesser funds, which is inefficient for budgetary analysis.

     

    Florida has a dedicated website to the budget, www.peoplesbudget.state.fl.us, which shows the funding for all agencies and the funding source. [from the Institute for Truth in Accounting]

     

    Find the state's bond ratings here.

     

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    • Pensions :

    • HEADLINES: Florida

      Scott calls for $1 billion boost in education spending in proposed budget

      The Miami Herald | by Gary Fineout | December 7, 2011

      Florida Gov. Rick Scott, who was criticized for pushing school funding cuts a few months ago, is asking for a billion dollars more for education to come during an election year.

    • SOLUTIONS: Florida

      Pension Reform Now

      Floridians for Sustainable Pensions | December 2, 2011

      The long-term problem can be addressed by encouraging local governments to place all new employees in 401(k)-style "defined contribution" plans rather than General Motors-style "defined benefit" plans, and to encourage current employees to convert to defined contribution plans as well. This would help ensure that the present costs of government are funded in present budgets.

    • View All Florida articles
    • Solutions: Florida

      Pension Reform Now

      Floridians for Sustainable Pensions | December 2, 2011

      The long-term problem can be addressed by encouraging local governments to place all new employees in 401(k)-style "defined contribution" plans rather than General Motors-style "defined benefit" plans, and to encourage current employees to convert to defined contribution plans as well. This would help ensure that the present costs of government are funded in present budgets.

    • Solutions: Florida

      Transparency in Government Spending: Next Steps for Florida

      The James Madison Institute | by Sandra Fabry | March 8, 2011

      While several improvements have been made to bring Florida's tradition of "Government in the Sunshine" into the 21st Century, it seems appropriate that the year that marked the anniversary of the beginning of Florida's tradition of "government in the sunshine" also became the year in which
      Florida took an important leap towards living up to its nickname of the "Sunshine State," particularly in the area of government finance.

    • Solutions: Florida

      Education Savings Accounts

      The Goldwater Institute | by Matthew Ladner and Nick Dranias | February 28, 2011

      Children with disabilities are often poorly served by public schools. In 1999, Florida created a school voucher for children with disabilities called the McKay Scholarship Program. This program allows children with disabilities to take a portion of the funding the state would spend on their education and use it at any school they choose - whether that's a traditional public school, a charter school, an online program, or a private school.

    • Solutions: Florida

      Protecting Florida's Cities Through Pension Reform

      The James Madison Institute | by Randall G. Holcombe | January 1, 2011
    • Florida

      Scott calls for $1 billion boost in education spending in proposed budget

      The Miami Herald | by Gary Fineout | December 7, 2011

      Florida Gov. Rick Scott, who was criticized for pushing school funding cuts a few months ago, is asking for a billion dollars more for education to come during an election year.

    • Florida

      Pension Reform Now

      Floridians for Sustainable Pensions | December 2, 2011

      The long-term problem can be addressed by encouraging local governments to place all new employees in 401(k)-style "defined contribution" plans rather than General Motors-style "defined benefit" plans, and to encourage current employees to convert to defined contribution plans as well. This would help ensure that the present costs of government are funded in present budgets.

    • BLOG : Florida, New Jersey, Rhode Island, New Hampshire

      Weekly Pension Update

      by Bob Williams | June 23, 2011

      Bob Williams' review of developments in pension legislation and law suits from around the country.

    • BLOG : Massachusetts , New York, Florida

      Pension Reform Update: Progress for some, relapse for others

      by Bob Williams | April 14, 2011

      While some states are attempting to reform lavish pension plans, others are  still playing games with state finances.

    • Florida, Michigan, Utah

      States Mull Shift in Worker Pensions

      The Wall Street Journal | by Jeanette Neunmann | March 3, 2011

      Policy makers across the country are considering scrapping guaranteed retirement benefits for public workers in favor of 401(k)-like plans.

    • View All Pensions