1. 2013 Florida Legislative Overview FLORIDA ADVOCACY DAYS LEGISLATIVE BRIEFING TRINITY UNITED METHODIST CHURCH April 8, 2013 Presented by Ted Granger, President United Way of Florida, Inc. 1

2. Money - Post War U.S. Recessions Peak to Trough % Length of Recession in Months Real GDP Industrial Production Payroll Employment 2007 to 9-2009 23-4.00%-17.88%-5.47% 2001 to 11-2001 8-0.40%-5.80%-2.10% 1990 to 3-1991 8-1.30%-4.30%-1.50% 1981 to 11-1982 16-2.70%-10.30%-3.20% 1980 to 7-1980 6-2.20%-6.90%-1.30% 1973 to 3-1975 16-3.10%-12.80%-2.80% 1969 to 11-1970 110.00%-7.50%-1.40% 1960 to 2-1961 10-1.60%-7.80%-2.30% 1957 to4-1958 8-3.80%-12.70%-4.00% 1953 to 5-1954 10-2.40%-9.10%-3.30% 1948 to 10-1949 11-1.80%-7.70%-4.40% Avg. for prev. recessions 10-1.90%-8.50%-2.60% 2 2

3. Percent Job Losses in Post WWII Recessions, August 3 Source: Calculated RISK Finance & Economics, September 2012 3

4. Florida Economy Population 4 4

5. Florida Economy - Population Source: Bureau of Economic & Business Research, UF, May 11, 2012 5 5

6. Florida Economy - Population Source: Bureau of Economic & Business Research, UF, June 2011 6 6

7. Florida Economy - Population Avg. Ann. Pop. Grwth 318,000 7 7

8. Florida Economy – Population Growth by Age Group 8 Source: Office of Economic & Demographic Research, December 2012 8

9. Florida Economy Economy Looking Up 9 9

10. Home Sales Continue Improving Existing Single-Family Homes – 11/2011-2012  +24.4% US - +14.5% 8 months consecutive increase  +14.1% - Median Sales Prices $154,000  +10.6% - Average Sales Price $223,301 Condo Sales  +18.3%  +20.2% - Median Sales Prices 10 Source: Florida Realtors, December 2012; January 2013 10

11. Home Sales 11 Source: Office of Economic & Demographic Research, December 2012 11

12. Tourism Rocks! New Tourism Records 2012  Total Tourism Spending – Record  Total State Sales Tax Revenues from Tourism  Number of Persons Employed 12 Source: Visit Florida, December 2012 12

13. National Jobs Lost & Recovered U.S.Recession Job Losses Regained Jobs Low-Wage ($7.69 - $13.83 / $15,995 - $28,766) 21%58% Mid-Wage ($13.84 - $21.13 / $28,787 - $43,950) 60%22% High-Wage ($21.14 - $54.54 / $43,971 - $113,443) 19%20% 13 Source: National Employment Law Project, The Low-Wage Recovery and Growing Inequality, August 2012. 13

14. Florida Budget 14

15. General Revenue Outlook ($ millions) FY 2011-12FY 2012-13 Total Funds Available 25,216.0026,070.10 Total Estimated Expenditures 27,726.7031,119.30 Ending Balance -2,510.70-5,049.20 15 Source: Legislative Budget Commission, September 2011 15

16. General Revenue Outlook ($ millions) FY 2013- 14* FY 2014- 15 FY 2015- 16 Total Funds Available** 27,853.728,306.529,541.3 Total Estimated Expenditures 27,416.927,253.027,947.3 Ending Balance 436.853.5594.0 16 Updated December, 2012 All GR – recurring, nonrecurring, roll-over Source: Legislative Budget Commission, Fall 2012 Report 16

17. No Budget Shortfall??? 2013-2014 Budget: “Flat” Flat is good! Budget surplus: first in 5 years 17

18. Florida GR History 18 Source: Office of Economic & Demographic Research, December 2012 18

19. Florida GR Budget 2012-2013 Source: The Florida Legislature 19

20. Florida GR Budget 2012-2013 Program Area (Section of General Appropriations Act)DollarsPercent Education12,689.5 51.2% Human Services7,673.1 31.0% Judicial Branch331.4 1.3% Criminal Justice and Corrections3,136.0 12.7% Natural Resources/ Environment/ Growth Mgmt./ Transportation 225.6 0.9% General Government710.8 2.9% Total24,766.5 100.0% Source: The Florida Legislature 20

21. Florida Budget 2012-2013 Source: The Florida Legislature 21

22. Florida Budget 2012-2013 Program Area (Section of General Appropriations Act)DollarsPercent Education 20,286.4 29.0% Human Services 29,912.8 42.7% Judicial Branch 446.2 0.6% Criminal Justice and Corrections 4,191.2 6.0% Natural Resources/ Environment/ Growth Mgmt./ Transportation 11,329.8 16.2% General Government 3,870.2 5.5% Total70,036.7 100% Source: The Florida Legislature 22

23. Florida GR Revenue Sources Source: FL Revenue Estimating Conf.; 2012 Florida Tax Handbook 23

24. 2013 Legislative Session Overview Thanks! 24