Florida Politics - Campaigns & Elections. Lobbying & Government.

Jim RosicaOctober 14, 2016

State economists on Thursday decreased the Florida Retirement System Pension Fund‘s expected rate of return on investments to 7.6 percent, from 7.65 percent. The Actuarial Assumption Conference had stalemated earlier in the week, with some wanting the rate held at 7.65 percent, and others arguing to go down to 7.5 percent. Don Langston, staff director of the House of Representatives’ […]

Jim RosicaOctober 11, 2016

State economists on Tuesday deadlocked over changing the state pension fund’s expected rate of return on investments. The Florida Retirement System Actuarial Assumption Conference will meet again Thursday to see if members can compromise. Christian Weiss, economic policy coordinator for Gov. Rick Scott, argued for keeping the system’s assumed rate of return at 7.65 percent. But Don Langston, staff director […]

Phil AmmannFebruary 16, 2016

A series of rewrites to Florida’s economic-incentive programs, a chief priority of Gov. Rick Scott, passed its first House panel Tuesday afternoon. Lobby Tools reports that HB 1325, from Bradenton Republican Rep. Jim Boyd, seeks to establish a new Florida Enterprise Fund, as well as changes in the process of administering economic incentives for businesses […]

Phil AmmannDecember 6, 2015

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Four Florida sports teams have come to Tallahassee with the hope of leaving with state money to renovate and improve facilities, a process where the first step is scheduled to begin at month’s end. Each applicant – Daytona International Speedway, the Miami Dolphins, Tampa Bay Buccaneers and Jacksonville Jaguars – is jostling for a slice […]

Peter SchorschJanuary 22, 2015

With a governor as jobs- and business-focused as Rick Scott, it’s no surprise the state spends a significant amount of time calculating the return on investment (ROI) provided by many state programs. Some may not provide a worthwhile return on investment, but two exceptional programs have managed to triple – even quintuple – the value […]

Tag: return on investment

State economists lower expectations for pension fund

Economists agree to disagree on state pension fund

House committee OK’s rewrite of state economic incentive program

Miami Dolphins ask state for stadium funding; short on ROI, long on wishful thinking

Report: Investments in Florida Sports Foundation, VISIT Florida worth the money