(The Center Square) - The Economic Estimating Conference met on Saturday to discuss Florida’s booming economy, and some of the shortfalls that could happen in the future.
Florida has had a huge amount of growth, and its general revenue is expected to peak at $46.3 billion in fiscal year 2023, then flatten in 2024 to $45.3 billion.
(The Center Square) — A new report shows that Florida’s citrus industry's production is down considerably after being ravaged by hurricanes and disease.
The latest Economic and Market Research report from Florida Citrus shows that total orange juice sales, as of June 2023, have fallen by 11.6% compared to the previous year, while the price has increased by 12.3%.
The Center Square –- A group of Republican Senators have introduced the Middle Class Borrower Protection Act, legislation that would overturn a new federal rule that charges higher fees to certain home buyers with good credit and lower fees for buyers with worse credit.
“The average American has a credit score over 716,” said Sen. Mike Braun, R-Ind, who is helping lead the effort. “The Biden administration is making home ownership more difficult for everyday Americans by raising rates for most people with a credit score over 680 to subsidize riskier borrowers.”
(The Center Square) — Despite an improving national economy, Florida officials predict temporary aid to needy families will increase for the next four years due to larger-than-expected program use by immigrants lacking permanent legal status.
The data was released by the Office of Economic and Demographic Research, which is the research arm of the Legislature that issues economic and social trend forecasts that affect policymaking, revenues and appropriations. The group holds conferences periodically to brief lawmakers and other state officials.
(The Center Square) — The Middle District of Florida United States Attorney’s Office has announced the results of an investigation into fraud related to the COVID-19 pandemic.
In March 2020, the Middle District U.S. Attorney’s Office, along with federal, state, and local law enforcement, combined resources to form the Middle District of Florida COVID-19 Fraud Task Force to investigate and prosecute cases of fraud that happened during the pandemic.
In their 15th year participating in Operation Dry Water, Florida Fish and Wildlife Conservation Commission (FWC) officers spent their holiday weekend focused on the safety of people enjoying all that Florida’s waterways have to offer.
From July 1-3, FWC officers arrested 94 vessel operators for boating under the influence of alcohol or drugs, preventing the possibility of life-altering events from occurring.
