2022-2025 Florida & Metro Forecast

Page 23

F lorida C harts

FLORIDA NEWS SUMMARIES Florida gets another boost in tax collections

• A new report said the state brought in $435.5 million more in general revenue in October than had been projected in an August forecast.

• The report indicated Florida consumers continued opening their wallets after saving heavily earlier in the COVID-19 pandemic. Of the $435.5 million in higher-than-expected revenue, $304.2 million, or about 70 percent, came from sales-tax collections. • In October, Florida collected more than $3.234 billion in general revenue, compared to the $2.799 billion projection.

Source: Tampa Bay Times, December 2, 2021

Duke Energy awards $200,000 in grants to support economic development in Florida • Duke Energy Florida is investing $200,000 in strategic economic development and recruitment programs across the state. One of this year’s recipients is Enterprise Florida.

• The state economic development agency is receiving a $25,000 grant to provide the opportunity to host and further build relationships with site selection consultants and corporate real estate executives in attendance at

the Team Florida events.

• The Duke Energy Foundation grants will help communities across the state attract, build and grow businesses, as well as tackle emerging recruitment and workforce challenges.

Source: Duke Energy News Center, December 29, 2021 Governor Ron DeSantis Announces $3.5 Million for Wastewater System Improvements in Lake Butler

• Today, Governor Ron DeSantis announced more than $3.5 million has been awarded to the City of Lake Butler in Union County through the Florida Department of Economic Opportunity’s (DEO) Rebuild Florida Mitigation General Infrastructure Program. • Funding will be used to make critical improvements to the city’s wastewater collection and pumping system to further mitigate damage to the city’s infrastructure from future storms.

• The program, administered by DEO, allows local governments to develop large-scale infrastructure projects to make communities more resilient to future disasters.

Source: Florida Department of Economic Opportunity, January 7, 2022


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Industry Location Quotient

3min
pages 150-152

West Palm Beach-Boca Raton-Boynton Beach................145

4min
page 149

Tampa–St. Petersburg–Clearwater ..........................................135

11min
pages 139-143

The Villages........................................................................................140

12min
pages 144-148

Tallahassee...........................................................................................130

12min
pages 134-138

Sebring.................................................................................................. 125

11min
pages 129-133

Pensacola–Ferry Pass–Brent ..................................................... 105

12min
pages 109-113

Sebastian–Vero Beach...................................................................120

12min
pages 124-128

Ocala .........................................................................................................85

12min
pages 89-93

North Port–Sarasota–Bradenton................................................ 80

12min
pages 84-88

Panama City ......................................................................................100

11min
pages 104-108

Orlando–Kissimmee–Sanford....................................................... 90

12min
pages 94-98

Punta Gorda.......................................................................................... 115

12min
pages 119-123

Palm Bay–Melbourne–Titusville ....................................................95

12min
pages 99-103

Naples–Immokalee–Marco Island ................................................ 75

12min
pages 79-83

Miami-Miami Beach-Kendall...........................................................70

12min
pages 74-78

Florida News Summaries................................................................. 23

11min
pages 24-28

Gainesville...............................................................................................45

11min
pages 49-53

Crestview–Ft. Walton Beach–Destin......................................... 30

12min
pages 34-38

Florida Forecast Charts ...................................................................20

1min
page 23

Homosassa Springs........................................................................... 50

11min
pages 54-58

Deltona–Daytona Beach–Ormond Beach ...............................35

12min
pages 39-43

Florida Highlights and Summary.....................................................5

8min
pages 11-13
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2022-2025 Florida & Metro Forecast by UCF College of Business - Issuu