An Economists Work Is Never Done: Group Crunches Numbers Ahead Of 2015 Session

Jan 26, 2015

Credit Office Of Economic And Demographic Research

State economists are trying to figure out what impact certain proposals will have on Florida’s budget. Monday’s conversation focused on property tax and corporate income tax bills.

Economists sat around a long, round table with their heads down crunching on numbers on a bill that would increase the states homestead exemption for some homeowners.

While they didn’t come up with a final number, their work matters. Property taxes make up the bulk of state education funding. Governor Rick Scott has promised an investment of nearly $19 billion in K-12 education.  Both issues matter a lot when it comes to how much state lawmakers can spend in the upcoming fiscal year.