ECONOMIC DEVELOPMENT FUNDING State and local governments have reached a settlement in regards to multiple lawsuits they filed against Digital Domain, a visual effects film studio awarded $20 million in economic incentive monies in 2009. The company, which has declared bankruptcy, will pay the State $5 million, of which $2 million will go to attorney Read more about Legal Updates[…]
Governor Rick Scott vetoed $368 million in spending when he signed the appropriations bill on May 20th. His “Families First” budget focused on job creation and continued economic growth. Outlined below some of his vetoed projects, organized by budget area. Criminal Justice $1,000,000 for the Pasco County Drug Initiative Program $450,000 to the Palm Beach Read more about Budget Items Vetoed by the Governor[…]
Florida’s economy is slowly regaining strength as state economists project the state’s tax collections will grow about an average of 5 percent, or as much as $3.5 billion, for the next fiscal year. Florida’s unemployment rate for February, 2013 is at its lowest level in four years, 7.7%, and recently fell below the national average for the Read more about 2013-2014 Budget[…]