Florida Is Second Behind Texas in Population Growth from 2020 to 2021

While the nation recorded a historically low population growth rate from 2020 to 2021, the state of Florida had the second highest population increase in the U.S. behind Texas, according to a report on Tuesday by the U.S. Census Bureau (USCB).

Following Florida Governor Ron DeSantis’ efforts during the pandemic to keep Florida relatively open compared to most other states, from July 1st, 2020, to July 1st, 2021, the census report showed that the state’s population grew by 211,196, making the total population 21,781,128.

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September General Revenue in Florida Exceeds Economic Forecasts

Florida’s general revenue collections in the month of September were $442.2 million, or 15.7%, more than what economist for the Office of Economic and Demographic Research (EDR) expected in their predictions made at the General Revenue Estimating Conference in August.

The estimated total for general revenue in September was $2.809 billion, while the actual total was $3.251 billion. Additionally, September was the 14th consecutive month that the state of Florida recorded more than what the EDR predicted.

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June General Revenue in Florida Exceeds Economic Forecasts

Florida’s Historic Capitol and Florida State Capitol

The Florida Legislature’s Office of Economic and Demographic Research (EDR) reported just under $4.1 billion in general revenue (GR) for the month of June to cap off the 2020-2021 fiscal year (FY).

On Monday, the EDR released the report that shows $975.7 million (31.2%) more than the forecasted amount of $3.124 billion, which was updated on April 6th during the EDR’s last General Revenue Estimating Conference (GREC) for the 2020-2021 FY.  

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Florida Sales-Tax Collections Exceeds Expectations in April 2021

Florida’s Historic Capitol and Florida State Capitol

The month of April became the ninth consecutive month that the state of Florida exceeded its expected revenue calculations, with 56% of the total revenue gain coming from sales-tax collections.

Sales-tax revenue accounted for $2.7993 billion, which is 19% or  $447.6 million more than the estimated projection of approximately $2.3516 billion that was established by the Florida Office of Economic and Demographic Research (EDR) at the General Revenue Estimating Conference.

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