Targeted Industry Tax Incentives in Florida

By Marisa Lupica Tax incentives are a significant but ineffective part of states’ economic development policy. As of 2012 states spent an estimated $80.4 billion annually on tax incentives for businesses. Yet, most economic research on the subject finds that targeted tax incentives are ineffective at attracting businesses, creating jobs, or improving a state’s economic … Continue reading Targeted Industry Tax Incentives in Florida

The Per Business Regulatory Burden: Ranking Florida’s Local Governments

By Matt Kelly and Tyler Worthington The dramatic increase in federal government regulation has been well documented by economists and journalists, as has its detrimental effects on economic growth. The DeVoe Moore Center has constructed assorted measures of state and local regulatory restrictiveness. This article focused on revenues collected per business on the local level … Continue reading The Per Business Regulatory Burden: Ranking Florida’s Local Governments

Decision-making in a Community Redevelopment Agency

By Casey Barr As discussed in a previous blog post, Community Redevelopment Agencies (CRAs) are a form of special district government that funds local redevelopment projects with taxpayer subsidies. But how are spending and organizational decisions made in a CRA? (Source: City of Tallahassee. Available at: https://www.talgov.com/cra/CRAHome.aspx) CRAs can only be established when two governmental units, such … Continue reading Decision-making in a Community Redevelopment Agency

Special District Spending Priorities and Political Entrepreneurship

By Matt Kelly and Tyler Worthington Special districts are small local governments created by state statute or local ordinance to fulfill a particular purpose in a specified geographic area. Some special districts control the mosquito population in an area, while others are in charge of things like fire protection, library administration, or utility services. Unlike … Continue reading Special District Spending Priorities and Political Entrepreneurship

Special Districts in Florida

By: Matt Kelly and Tyler Worthington Former Speaker of the U.S. House of Representatives Tip O’Neil once said, “all politics is local,” meaning that politicians must appeal to local constituents to succeed. Yet political economy is arguably most opaque and complex at local levels. Local governments have grown as numerous as they are multifaceted. Over … Continue reading Special Districts in Florida

A Penny Seized is a Penny Earned: Asset Forfeiture in Florida

By Matt Kelly and Tyler Worthington Asset forfeiture is a tool used by federal and local law enforcement to seize property from people they believe may have been involved in a crime. In some cases, property has been seized and not returned to the accused even if charges were not filed or dropped. Local governments … Continue reading A Penny Seized is a Penny Earned: Asset Forfeiture in Florida

Tourism tax may soon be used for public services

  By Erick Winterkamp Officials in Okaloosa County recently diverted $2.5 million of Tourism Development Tax (TDT) revenues to pay for beach patrol and lifeguards, a move that Florida’s powerful tourism lobby contested. Tourism industry interest groups like the Florida Association of Destination Marketing Organizations and the Florida Restaurant and Lodging Association claimed this was … Continue reading Tourism tax may soon be used for public services

Top  2% of state employees see faster rise in income than bottom 98% since the Great Recession

By: Igor Lukashevich In 2014, the world was abuzz with talk of Thomas Piketty’s treatise on global economic inequality, Capital in the Twenty-First Century. The rising global disparity of income, the author argued, will inevitably result in social and economic instability across the world. It is interesting to note that income inequality also exists, and … Continue reading Top  2% of state employees see faster rise in income than bottom 98% since the Great Recession

Health Care and Education Departments Spend the Most of Florida’s State Budget

By: Nick Hyder and Tian Ma With 2015 behind us, it’s worthwhile to take stock of last year’s spending by state government. A state’s spending says a lot about its priorities, and accountability to taxpayers is an important component of a democracy. The Agency for Health Care Administration tops the list of spending by state … Continue reading Health Care and Education Departments Spend the Most of Florida’s State Budget

The Top 10 Highest Earning Counties in Florida

By: Igor Lukashevich and Nadia James The top six Florida counties for revenue intake per capita are as follows: Duval, Monroe, Miami-Dade, Franklin, Charlotte, and Collier. Total revenues for counties follow very closely with total expenditures, as the same six counties also topped the list for expenditures per capita. This relationship makes sense because the … Continue reading The Top 10 Highest Earning Counties in Florida