Research Library

As the nation recovers from one of the worst economic recessions in history, Florida continues to battle unprecedented fiscal challenges and budget shortfalls that have made business-as-usual in state government unsustainable. In response to this crisis, this report presents immediately actionable ideas in the event that a significant budget deficit occurs in FY2020-21.

As the nation recovers from one of the worst economic recessions in history, Florida continues to battle unprecedented fiscal challenges and budget shortfalls that have made business-as-usual in state government unsustainable. In response to this crisis, this report presents immediately actionable ideas in the event that a significant budget deficit occurs in FY2020-21.

Presented to the Broward County Bond Oversight Committee June 15, 2020 

Presented to the Broward County Bond Oversight Committee June 15, 2020 

The report promotes additional oversight and integrity in the state’s budgeting process based on the principle that: because money appropriated by the Legislature belongs to the taxpayers of Florida, the process must be transparent and accountable, and every appropriation should receive deliberation and public debate. The budget review identifies appropriations that circumvent transparency and accountability standards in public budgeting. 

The report promotes additional oversight and integrity in the state’s budgeting process based on the principle that: because money appropriated by the Legislature belongs to the taxpayers of Florida, the process must be transparent and accountable, and every appropriation should receive deliberation and public debate. The budget review identifies appropriations that circumvent transparency and accountability standards in public budgeting. 

Florida’s Medicaid program is projecting a significant shortfall (approximately $1 billion) in the 2020-2021 budget due to the ballooning Medicaid enrollment (largely due to the impacts of COVID-19). As more and more Floridians lose their jobs and their health coverage due to the economic downturn, many turn to Medicaid as their form of healthcare Florida’s Agency for Health Care Administration (AHCA) forecasts that there will be an additional 437,390 Floridians turning to Medicaid for their health care in the coming new fiscal year, which starts July 1. The increase in enrollment could potentially increase the overall cost in the coming year by as much as $3 billion; however, the state is not on the hook to cover the full $3 billion due to the federal-state partnership for Medicaid financing, formally known as the Federal Medicaid Assistance Percentage (FMAP). Florida is expected to pay about $1.07 billion of the $3 billion, based on AHCA’S analysis.

Florida’s Medicaid program is projecting a significant shortfall (approximately $1 billion) in the 2020-2021 budget due to the ballooning Medicaid enrollment (largely due to the impacts of COVID-19). As more and more Floridians lose their jobs and their health coverage due to the economic downturn, many turn to Medicaid as their form of healthcare Florida’s Agency for Health Care Administration (AHCA) forecasts that there will be an additional 437,390 Floridians turning to Medicaid for their health care in the coming new fiscal year, which starts July 1. The increase in enrollment could potentially increase the overall cost in the coming year by as much as $3 billion; however, the state is not on the hook to cover the full $3 billion due to the federal-state partnership for Medicaid financing, formally known as the Federal Medicaid Assistance Percentage (FMAP). Florida is expected to pay about $1.07 billion of the $3 billion, based on AHCA’S analysis.

Net General Revenue (GR) collections for the month of April came in $878.1 million (29.4 percent) below estimate. This news comes from a new Monthly Revenue Report just released by the Office of Economic and Demographic Research.1 This is the first month of data to show a significant decrease in revenues due to the impact of COVID-19 on the state’s economy. April GR collections generally reflect March sales tax activity, so the decline in May collections (reflecting April sales) will be much larger.

Net General Revenue (GR) collections for the month of April came in $878.1 million (29.4 percent) below estimate. This news comes from a new Monthly Revenue Report just released by the Office of Economic and Demographic Research.1 This is the first month of data to show a significant decrease in revenues due to the impact of COVID-19 on the state’s economy. April GR collections generally reflect March sales tax activity, so the decline in May collections (reflecting April sales) will be much larger.

Telehealth is being practiced in Florida every day pursuant to the standards of practice for telehealth adopted by the Board of Medicine and the Board of Osteopathic Medicine. These standards require a Florida license and provide that the standards of care shall remain the same regardless of whether healthcare services are provided in person or by telehealth. There is no shortage of licensed physicians willing to provide telehealth in Florida. Florida statute 456.47, enacted in 2019, is the governing language for the practice of telehealth in Florida. Currently, health insurance companies are not required to pay or reimburse telehealth services, they do so on a voluntary basis pursuant to Florida statutes

Telehealth is being practiced in Florida every day pursuant to the standards of practice for telehealth adopted by the Board of Medicine and the Board of Osteopathic Medicine. These standards require a Florida license and provide that the standards of care shall remain the same regardless of whether healthcare services are provided in person or by telehealth. There is no shortage of licensed physicians willing to provide telehealth in Florida. Florida statute 456.47, enacted in 2019, is the governing language for the practice of telehealth in Florida. Currently, health insurance companies are not required to pay or reimburse telehealth services, they do so on a voluntary basis pursuant to Florida statutes

In the 2020 legislative session, SB 712 (The Clean Waterways Act) was passed outlining protection to much of Florida’s vast water resources, including implementing Florida TaxWatch recommendations for the Blue-Green Algae Task Force. Water is Florida’s most valuable resource, providing many environmental, economic, and recreational benefits the public. With more than 7,700 lakes, 10,550 miles of rivers, more than 1,000 springs, and 2,276 miles of tidal shoreline, it is a staple of Florida’s identity and one of the key reasons so many people visit the Sunshine State.  The Clean Waterways Act addresses several environmental issues, including several provisions focused on water quality improvement and oversight.

In the 2020 legislative session, SB 712 (The Clean Waterways Act) was passed outlining protection to much of Florida’s vast water resources, including implementing Florida TaxWatch recommendations for the Blue-Green Algae Task Force. Water is Florida’s most valuable resource, providing many environmental, economic, and recreational benefits the public. With more than 7,700 lakes, 10,550 miles of rivers, more than 1,000 springs, and 2,276 miles of tidal shoreline, it is a staple of Florida’s identity and one of the key reasons so many people visit the Sunshine State.  The Clean Waterways Act addresses several environmental issues, including several provisions focused on water quality improvement and oversight.

The 2020 Florida Legislature enacted two more sales tax holidays, a three-day “back-to-school” and a seven-day disaster preparedness tax holiday.  Although the pending threat from the COVID-19 virus lead to the Legislature eliminating nearly all the tax cuts they were considering, the popularity of sales tax holidays was affirmed once again. From May 29-June 4, items to help Floridians prepare for hurricane season, such as flashlights, portable two-way or weatherband radios, waterproof sheeting, generators, and tie-down kits will be exempt from sales sax.  This will save Floridians an estimated $5.6 million.