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    • Headlines : Florida

      Scott vetoes four budget-related bills, including hurricane catastrophe fund proposal

      The Miami Herald | by Steve Bousquet | April 21, 2012

      Gov. Rick Scott vetoed four budget-related measures Friday, including one designed to shore up the state hurricane catastrophe fund by selling tax credits to insurance companies.
      Read more here: http://www.miamiherald.com/2012/04/21/2760503/scott-vetoes-four-budget-related.html#storylink=cpy

    • Headlines : Florida

      Scott signs $69.9B Florida budget, vetoes $142.7M

      The Miami Herald | by Gary Fineout | April 18, 2012

      Scott vetoed less than he did last year, saying lawmakers had heeded his warnings to give him evidence of why the money is needed and what taxpayers would get in return.

    • Headlines : Florida

      Gov. Rick Scott to sign state budget

      The Miami Herald | by Steve Bousquet | April 17, 2012

      Gov. Rick Scott will be at a Jacksonville school to boast about more state dollars going to education.

    • Headlines : Florida

      Scott may slash state's payment to workers' retirement plan

      The Gainesville Sun | by Lloyd Dunkelberger | April 16, 2012

      The bill which cuts government pension contribution rates for state workers is awaiting the approval of Gov. Rick Scott, who has made cutting state pension costs one of his top priorities. Scott, who has until Saturday to act on the bill, has not taken a position on the latest measure.

    • Headlines : Florida

      Vetoes sought for $149.6M in Fla. budget 'turkeys'

      The Miami Herald | by Bill Kaczor | April 14, 2012

      A research and advocacy group with close business ties urged Florida Gov. Rick Scott on Friday to veto $149.6 million in spending "turkeys."

    • Headlines : Florida

      Gov. Rick Scott signs billion-dollar incentives plan into law

      Tampa Bay Times | by Tolouse Olorunnipa, Times/Herald Talahassee | March 30, 2012

      The economic development package includes more than $1 billion in tax cuts for businesses over the next three years. It features broad cuts of the unemployment tax and the corporate income tax, and targeted reductions for manufacturers, private plane repairers, and fruit and meat packers. 

    • Headlines : Florida

      Prison privatization in Florida: To be, or not to be?

      State Budget Solutions | by Jimmy Ardis | March 28, 2012

      Florida's prison system is the third largest in the United States, with a whopping $2.4 billion annual budget. It has long been eyed for budget cuts and lawmakers want to privatize the state's prisons.

    • Headlines : Florida

      Sunshine State Bets On Sunset For Health Care Act

      National Public Radio | by Greg Allen | March 26, 2012

      No state has worked harder to stop the federal health care overhaul than Florida. Hours after President Obama signed the Affordable Care Act into law two years ago, Florida led 12 other states in a federal court challenge. Eventually, a total of 26 states signed on. The Supreme Court will hear the case this week.

    • Research : California, Ohio, Wisconsin, Florida, Texas

      Dues and Deep Pockets: Public-Sector Unions' Money Machine

      Manhattan Institute for Policy Research | by Daniel DiSalvo | March 22, 2012

      To level the playing field between governmentemployee unions and taxpayers, elimination of dues checkoff and the agency shop are possible steps to take. In fact, these may be more politically palatable, and ultimately more effective, avenues of reform than are restrictions on collective bargaining. Eliminating the public-sector union’s money advantage would let workers retain their right to negotiate with their employers but put them on a level playing field in the political arena. It is the way to restore fairness to the process.

    • Solutions : Georgia, Idaho, New Hampshire , Florida

      Zero-Base Budgeting in the States

      National Conference of State Legislatures | by Ronald K. Snell | March 22, 2012

      Aero-base budgeting appeals to a serious and widespread desire to look at public budgeting in a fresh new way, free of old assumptions, not letting past experiences control the future. The zero-base budgeting bill in 2011 show, in various ways, a greater desire for information on how state agencies operate and how their work can be evaluated, and reflect lawmakers’ concerns that their budget enactments be well-informed.


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    Budget timeframe: Annual

     

    Fiscal Year begins: July 1 

     

    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

    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.

     

    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

     

    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.

     

    SR Logo

    James Madison Inst. logo


    • Pensions :

    • HEADLINES: Florida

      Scott may slash state's payment to workers' retirement plan

      The Gainesville Sun | by Lloyd Dunkelberger | April 16, 2012

      The bill which cuts government pension contribution rates for state workers is awaiting the approval of Gov. Rick Scott, who has made cutting state pension costs one of his top priorities. Scott, who has until Saturday to act on the bill, has not taken a position on the latest measure.

    • HEADLINES: Florida

      Billion-Dollar Florida Pension Battle Shows Challenge of Cutting Benefits

      Bloomberg | by Michael C. Bender | March 8, 2012

      Of 41 U.S. states that made significant pension changes in 2010 and 2011, at least 13, or almost 30 percent, have faced court challenges, according to the National Conference of State Legislatures.

    • HEADLINES: Florida

      Judge rules against the state in pension case, creating potential budget gap

      The Miami Herald | by Mary Ellen Klas | March 7, 2012

      A Leon County court judge says the state breached its contract with public employees when it cut salaries to offset the state's pension expenses. Gov. Rick Scott vowed "a swift" appeal.

    • 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.

    • HEADLINES: 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.

    • SOLUTIONS: Florida

      Protecting Florida's Cities Through Pension Reform

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

      Florida Governor Seeks Cuts in Budget

      February 8, 2011

      Gov. Rick Scott called for overhauling Florida's Medicaid program, curbing its pension system and trimming government services as he detailed a budget proposal he had promised would be full of big cuts.

    • HEADLINES: Florida

      Florida governor wants cheaper state pensions

      February 2, 2011

      Florida's new governor said he wants state workers for the first time to contribute to the state pension system to help plug a $3.5 billion gap in the next state budget.

    • Solutions: Georgia, Idaho, New Hampshire , Florida

      Zero-Base Budgeting in the States

      National Conference of State Legislatures | by Ronald K. Snell | March 22, 2012

      Aero-base budgeting appeals to a serious and widespread desire to look at public budgeting in a fresh new way, free of old assumptions, not letting past experiences control the future. The zero-base budgeting bill in 2011 show, in various ways, a greater desire for information on how state agencies operate and how their work can be evaluated, and reflect lawmakers’ concerns that their budget enactments be well-informed.

    • 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 may slash state's payment to workers' retirement plan

      The Gainesville Sun | by Lloyd Dunkelberger | April 16, 2012

      The bill which cuts government pension contribution rates for state workers is awaiting the approval of Gov. Rick Scott, who has made cutting state pension costs one of his top priorities. Scott, who has until Saturday to act on the bill, has not taken a position on the latest measure.

    • Florida

      Billion-Dollar Florida Pension Battle Shows Challenge of Cutting Benefits

      Bloomberg | by Michael C. Bender | March 8, 2012

      Of 41 U.S. states that made significant pension changes in 2010 and 2011, at least 13, or almost 30 percent, have faced court challenges, according to the National Conference of State Legislatures.

    • Florida

      Judge rules against the state in pension case, creating potential budget gap

      The Miami Herald | by Mary Ellen Klas | March 7, 2012

      A Leon County court judge says the state breached its contract with public employees when it cut salaries to offset the state's pension expenses. Gov. Rick Scott vowed "a swift" appeal.

    • 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.

    • BLOG : Wisconsin, Ohio, Illinois, Florida

      New Sherriff in Town

      by Bob Williams | February 11, 2011

      Someone should tell the unions (in Wisconsin, at least) that there is a new sheriff in town.  And he's not afraid to call in the National Guard to quell unrest among state employees.

    • Florida

      Protecting Florida's Cities Through Pension Reform

      The James Madison Institute | by Randall G. Holcombe | February 11, 2011

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    • OPINION: Pensions

      Taxpayers get crushed when pensions and bonds collide

      May 21, 2012

      This all boils down to who gets to pick taxpayers' pockets first, public pensioners or municipal bond investors? More people are waking up to the hard reality that when it comes to state and local government, somebody has to lose money over the next few decades. The National Association of Bond Lawyers is worried enough about it to issue "Considerations" for advising clients who think they're getting safe investments.

    • BLOG: Pensions

      COMMENTARY: Municipal, state pension reform message gaining momentum

      by Frank Keegan | May 17, 2012

      Despite an organized campaign to stop public pension reform, reality is beginning to break through.  One recent report outlines a possible path to long-term solutions and another details the necessity of states and municipalities finding their own way because federal bailout is impossible.  And Chicago Mayor Rahm Emanuel released a plan that could have been based on both reports.

    • OPINION: Pensions

      Public pension 'best practices' omit 1 thing: How do we pay benefits?

      by Frank Keegan | May 4, 2012

      Hey, young public employees, what are you going to do when your pension checks bounce after you paid in for decades? That is what will happen in many - maybe all - states and municipalities sooner or later if they do not reform right now. If you want to see the future, just look at Illinois. One citizen there did, and came up with a real reform plan that might work.

    • OPINION: Pensions

      COMMENTARY Municipal, state workers should take their pension money and run, fast

      by Frank Keegan | May 2, 2012

      Public employees should take their pension money now and run to avoid risk of getting reduced benefits - or nothing - in the future. It's the best deal for them and for taxpayers. A growing chorus of credible voices including the Government Accountability Office, a Federal Reserve bank and now the Harvard Kennedy School Mossavar-Rahmani Center for Business and Government confirm state and local government finances are "spiraling out of control" and even draconian reforms only make it "more likely" that future benefits will paid in full.

    • BLOG: Pensions

      COMMENTARY: This plan could save municipal, state workers' pension checks

      by Frank Keegan | April 26, 2012

      Hey, young public employees, what are you going to do when your pension checks bounce after you paid in for decades? That is what will happen in many - maybe all - states and municipalities sooner or later if they do not reform right now. If you want to see the future, just look at Illinois. One citizen there did, and came up with a real reform plan that might work.

    • BLOG: Pensions, Federal Government Impact

      COMMENTARY: Fed screams softly in warning about public pension crisis

      by Frank Keegan | April 18, 2012

      This is what it sounds like when the Federal Reserve Bank screams: "Much has been written about the various headwinds restraining economic activity over the near term. However, our economy also has other headwinds to confront over the medium- to-longer-term. ... the finances of some state and local governments are also under stress and in need of serious adjustments."  - Federal Reserve Bank of Cleveland President Sandra Pianalto

    • BLOG: Courts & Corrections

      What Florida's prison privatization debate needs: a little less talk and a lot more analysis

      by Jimmy Ardis | April 5, 2012

      In Florida, prison privatization has repeatedly surfaced as a potential solution - a very controversial one.

    • BLOG

      The Love Affair Between Government & Business

      by Kristen De Pena | February 14, 2012

      On February 14th, we celebrate love, family, and our partners. When it comes to celebrating partners, state governments have a number of Valentines. Because state governments continue to award the sweetest deals to their sweethearts, big business, they are never alone in love on Valentine's Day.

    • BLOG: K-12 Education, Medicaid

      Florida's leaders set on increasing education funding, curbing Medicaid costs

      by Cory Eucalitto | January 25, 2012

      The legislative session is only a few weeks old in Florida, but leaders in the state are already at odds over how to deal with the state's estimated $2 billion budget shortfall. Most officials, including the Governor and legislative leaders from both parties, are intent on a steep increase in K-12 education funding. Differences arise over how to pay for the spending hike, if at all. 

    • BLOG: Unemployment Insurance

      Florida Governor Signs Bill Reforming State Unemployment Compensation Program

      by Cory Eucalitto | July 5, 2011

      Last Monday, Florida Governor Rick Scott signed a bill that broadly reforms Florida’s unemployment compensation program. The new law makes Florida the only state in the country to tie state benefits to unemployment rates.

       

    • BLOG: Pensions

      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: Pensions

      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.

    • BLOG

      States get down to the nitty-gritty

      by Bob Williams | April 11, 2011

      States are getting down to the nitty-gritty of budget cuts as they hack away millions of dollars in order to salvage their shortfalls. While some states are managing to balance their budget woes, others are still deliberating their budgets for the next fiscal year.

    • BLOG: Courts & Corrections

      States Reexamine Funding for Court Systems

      by Kristen Byrne | April 8, 2011

      States take different measures to avoid layoffs and furloughs within the judiciary system. While Florida needed a lifesaver, New York took initiative to save jobs.

    • BLOG: Budget Gimmicks, Revenue

      Cuts, Taxes, and Creativity

      by Bob Williams | March 31, 2011

      It's that time of year again; one by one, states are passing their budgets for the next fiscal year. Shortfalls still loom for some while others have used a variety of tools to balance their books. Some states have taxed, others have cut, and still others have just gotten creative with their accounting.

    • BLOG: Pensions, Unions

      New Sherriff in Town

      by Bob Williams | February 11, 2011

      Someone should tell the unions (in Wisconsin, at least) that there is a new sheriff in town.  And he's not afraid to call in the National Guard to quell unrest among state employees.


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