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    • Headlines

      Pension Woes Have Cities, States Eyeing 401(k) Style Plans

      Fox Business | by Dunstan Prial | December 20, 2013

      San Diego is at the forefront of a controversial push by municipal and state governments to replace traditional public employee pensions with 401(k) plans that depend on the fortunes of the stock markets rather than the continued largesse of taxpayers.

    • Headlines : Arizona, Florida, Indiana, Montana, Pennsylvania, Virginia, North Carolina , Ohio, Tennessee

      Year-End Review of Medicaid Expansion in the States

      State Budget Solutions | by Joe Luppino-Esposito | December 19, 2013

      A review of state action on Medicaid expansion, and a look at what states are still debating what to do.

    • Headlines

      Top 4 stories of 2013 on State Budget Solutions

      State Budget Solutions | December 17, 2013

      It's not surprising that pension, bankruptcy and education were hot state budget topics this past year. See what four stories were the most viewed on State Budget Solutions in 2013.

    • Headlines

      The Hidden Danger in Public Pension Funds

      The Wall Street Journal | by Andrew Biggs | December 16, 2013

      Pensions are larger and their investments riskier than at any point since public employees began unionizing in earnest nearly half a century ago.

    • Headlines

      Public pension cuts seem here to stay

      BenefitsPro | by Steven Lang | December 12, 2013

      One needs look no further than Wall Street. Early signs indicate at least some are just fine with this plan to ease municipal financial pain.

    • Headlines

      The good, bad and ugly of the state revenue recovery

      The Washington Post | by Niraj Chokshi | December 11, 2013

      The acceleration of the state revenue recovery may be over as quickly as it began.

    • Headlines

      Though Revenue Growth Is Slowing, States See More Budget Stability, Report Finds

      The New York Times | by Rick Lyman | December 11, 2013

      The federal cuts known as sequestration and the partial government shutdown added uncertainty to budget projections, he said, as did soft consumer spending.

    • Headlines : Florida

      State revenue projected to grow nearly 5 percent

      Tallahassee.com | by Travis Pillow | December 9, 2013

      Nearly 5 percent increase expected in latest estimate.

    • Headlines

      State tax collectors hope for a big holiday sales tax haul

      USA Today | by Elaine S. Povich | November 29, 2013

      About 10% of annual state sales taxes come in to state coffers in January from holiday season sales, topping most other months in which about 7% or 8% of the taxes are collected.

    • Headlines : Florida, Illinois, Indiana, New Jersey, New York

      Private Toll Road Investors Shift Revenue Risk to States

      Bloomberg | by David Mildenberg | November 29, 2013

      Companies that build private toll roads are pressing states to assume more financial risk of traffic not meeting expectations, a change that benefits the operators while threatening to increase taxpayer costs.


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    • Budget timeframe: Annual

      Fiscal Year begins: July 1


      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.

       

      FL Gov ScottGov. Rick Scott

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

       

       

       

       

      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

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      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.

       

       

      James Madison Inst. logo


    • Pensions :

    • HEADLINES: California, Connecticut, Delaware, Florida, Kansas, Kentucky, Massachusetts , New Mexico , New York, North Dakota, Oklahoma, Pennsylvania, Tennessee, Arizona, Illinois

      Williams Report - February 3, 2016

      State Budget Solutions | by Bob Williams | February 3, 2016

      State Budget and Pension News from Statehouses Around the Country

    • HEADLINES: Alaska, Connecticut, Illinois, Kentucky, Mississippi, New Mexico , Oklahoma, Pennsylvania, Washington, Wyoming, California, Florida, Michigan, New Jersey, New York

      Williams Report - January 27, 2016

      State Budget Solutions | January 27, 2016

      High-Tax States; Scary Pension Math; More Fiscal Headlines from Statehouses Nationwide

    • View All Florida articles
    • Solutions: Florida

      Three Things You Can Do to Fix Health Care Now

      Foundation for Government Accountability | by Christie Herrera | December 6, 2012

      Three Things to Fix Health Care Now:

      #1: Reject the Health Insurance Exchange
      #2: Don't Expand Medicaid
      #3: Offer an Alternative

    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions: North Carolina , Florida

      Medicaid Reform

      Civitas Institute | by Brian Balfour | September 12, 2012

      Any serious attempt at state budget reform in North Carolina must include an examination of its Medicaid program. Costs have been soaring, and past cost-containment efforts have proven both insufficient and detrimental to enrollees' access to care. Moreover, Medicaid enrollees are merely passive participants in the program with little or no choices, and at the mercy of the whims of politicians.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Solutions

      The Case for Reform: Adult Probation

      Right on Crime | August 1, 2012
    • Solutions

      Solutions to the public pension crisis

      State Budget Solutions | by Bob Williams | August 1, 2012

      Public pensions at the state and municipal levels are unsustainable in their current form.  State Budget Solutions' recent study by Andrew Biggs found that public pensions are underfunded by $4.6 trilion. Here we offer solutions to the pension crisis

    • Solutions: Florida

      A Medicaid Cure: Florida's Medicaid Reform Pilot

      Foundation for Government Accountability | by Tarren Bragdon | May 23, 2012

      During its five years of operations, Florida's Medicaid Reform Pilot has improved the health of enrolled patients, achieved high patient satisfaction, and kept cost increases below average, saving Florida up to $118 million annually.


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    • California, Connecticut, Delaware, Florida, Kansas, Kentucky, Massachusetts , New Mexico , New York, North Dakota, Oklahoma, Pennsylvania, Tennessee, Arizona, Illinois

      Williams Report - February 3, 2016

      State Budget Solutions | by Bob Williams | February 3, 2016

      State Budget and Pension News from Statehouses Around the Country

    • Alaska, Connecticut, Illinois, Kentucky, Mississippi, New Mexico , Oklahoma, Pennsylvania, Washington, Wyoming, California, Florida, Michigan, New Jersey, New York

      Williams Report - January 27, 2016

      State Budget Solutions | January 27, 2016

      High-Tax States; Scary Pension Math; More Fiscal Headlines from Statehouses Nationwide

    • Alaska, California, Colorado, Connecticut, Delaware, Florida, Illinois, Hawaii, Iowa, Louisiana, North Carolina , Pennsylvania, Vermont, West Virginia, Massachusetts , New York

      Williams Report - November 17, 2015

      State Budget Solutions | by Bob Williams | November 17, 2015

      Join us on Twitter by following @StateBudgets and tweeting with the hashtag #SBSbob. 

    • Alabama, Alaska, Arizona, California, Colorado, Delaware, Florida, Illinois, Louisiana, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Utah, Rhode Island, Massachusetts

      Williams Report - September 29, 2015

      State Budget Solutions | by Bob Williams | September 29, 2015

      Join us on Twitter by following @StateBudgets and tweeting with the hashtag #SBSbob.

    • Alabama, Alaska, Arkansas, Connecticut, Florida, Illinois, Minnesota, Missouri, New Hampshire , North Carolina , Oklahoma, Pennsylvania, Tennessee, California

      Williams Report - September 22, 2015

      State Budget Solutions | by Bob Williams | September 22, 2015
      Join us on Twitter by following @StateBudgets and using the hashtag #SBSbob.
    • Alabama, Alaska, Colorado, Connecticut, Florida, Illinois, New Hampshire , New Jersey, North Carolina , Pennsylvania, Oregon, Maine , New York

      Williams Report - September 2, 2015

      State Budget Solutions | by Bob Williams | September 2, 2015

      Join us on Twitter today, by following @StateBudgets and tweeting with the hashtag #SBSbob! 

    • Arizona, California, Colorado, Delaware, Florida, Illinois, Kentucky, Louisiana, Michigan, New Hampshire , New Jersey, Ohio, Pennsylvania, Rhode Island, South Carolina, Washington

      Williams Report - July 1, 2015

      State Budget Solutions | by Bob Williams | July 1, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Alaska, Arizona, California, Connecticut, Delaware, Florida, Illinois, Kansas, Louisiana, Maine , Massachusetts , Michigan, Minnesota, New Hampshire , New Jersey, New York, North Carolina , Ohio, Pennsylvania, Rhode Island, Wisconsin

      Williams Report - June 23, 2015

      State Budget Solutions | by Bob Williams | June 23, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Alabama, Alaska, California, Colorado, Connecticut, Florida, Georgia, Kansas, Kentucky, Massachusetts , Montana, Nebraska, New Hampshire , New Jersey, Oklahoma, Pennsylvania

      Williams Report - May 20, 2015

      State Budget Solutions | by Bob Williams | May 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Florida, Georgia, North Carolina , Oklahoma, South Carolina, Illinois, Oregon

      Williams Report - May 13, 2015

      State Budget Solutions | by Bob Williams | May 13, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.


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