Rick Scott spending plan sets DEO budget at nearly $1.3B

Scott image 01.31.17 edit

Gov. Rick Scott is recommending a $163 million increase in funding for the Florida Department of Economic Opportunity in his proposed 2017-18 budget.

LobbyTools reports that the boost will bring the DEO budget to nearly $1.27 billion. Scott announced his budget proposal Tuesday morning at a Tallahassee news conference.

Scott’s ask includes $85 million in economic incentives – a contentious issue with some lawmakers.

Last year, Scott made a similar request, asking for $250 million for the “Florida Enterprise Fund;” which lawmakers rejected for 2016-17.

Florida’s public-private partnership programs would get about the same amount as it did in previous years; Scott wants $76 million for Visit Florida. $23.5 million for Enterprise Florida and $19.5 million for Space Florida.

House Speaker Richard Corcoran, a longtime critic of incentive funding – which he calls “corporate welfare” – has suggested his chamber will consider all the governor’s requests.

Scott’s budget will also give DEO $300 million from settlement money for the 2010 Deepwater Horizon disaster. LobbyTools notes that the House has so far resisted using BP Oil Spill money for economic development.

Phil Ammann

Phil Ammann is a Tampa Bay-area journalist, editor and writer. With more than three decades of writing, editing, reporting and management experience, Phil produced content for both print and online, in addition to founding several specialty websites, including HRNewsDaily.com. His broad range includes covering news, local government, entertainment reviews, marketing and an advice column. Phil has served as editor and production manager for Extensive Enterprises Media since 2013 and lives in Tampa with his wife, visual artist Margaret Juul. He can be reached on Twitter @PhilAmmann or at [email protected].


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