Research Library

Tourism in Central Florida: Why Tourist Development Tax Revenue Should Not Be Diverted

Energy & Environment, Research, Taxes, Tourism

Each year, more than one hundred million visitors come to Florida to enjoy its beaches, warm temperatures, and its numerous parks, thrills, and attractions. Latest FloridaCommerce data confirm that Florida set a new all-time annual record in calendar year 2024 with 143 million visitors an increase of 1.7 percent over the previous record set in 2023. Out-of-state visitors to Florida spent $134.9 billion in calendar year 2024. For every $1 spent by a visitor, 99 cents stayed in Florida’s economy, with 59 cents supporting worker salaries. Tourism supported 1.8 million jobs in 2024 and generated $79.9 billion in wages, including $44 billion in direct wages. Tourism-related activity produced $33.6 billion in federal, state, and local taxes. Tourism accounted for 7.8 percent of Florida’s Nominal Gross State Product (GSP), contributing $133.6 billion to the state’s economy in 2024. Without tourism, Florida households would pay $1,730 more annually in state and local taxes alone to sustain current levels of revenue.

Florida Economic Forecast 2025 – 2035

Economic Forecast, Research

Florida’s economy reached $1.85 trillion in Q3 2025, ranking first among all 50 states and the District of Columbia in economic growth. This fourth installment of Florida TaxWatch’s quarterly economic forecast series — produced in partnership with the Regional Economic Consulting Group — examines whether that momentum is sustainable through 2035.

Building The Force: An Analysis of Florida’s Law Enforcement Apprenticeship Program (LEAP)

Cost Savings, Public Safety, Research, Workforce Development

Florida’s Law Enforcement Apprenticeship Program (LEAP) is helping address persistent officer shortages, particularly in rural and fiscally constrained communities where recruiting and retaining qualified personnel remains a challenge. Traditional pathways into law enforcement often require candidates to pay for training upfront while forgoing income, creating barriers that limit access to the profession.

Florida TaxWatch Announces Irving & Beatrice Peskoe K-8 Center Principal Madelyn Sierra-Hernandez and Earlington Heights Elementary School Former Principal Jackson Nicolas as 2025-26 Principal Leadership Award Winners

Press Releases

FOR IMMEDIATE RELEASE: Thursday, February 12, 2026 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Thursday, February 12, Florida TaxWatch (FTW) will proudly announce that Irving & Beatrice Peskoe K-8 Center

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