Florida sees $598 million drop in April's sales tax receipts

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Florida sees $598 million drop in April's sales tax receipts

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2020 May 26, 3:10pm 736 views 7 comments

Looks like Florida sales tax receipts are down $598 million for April as compared to what would be expected without the pandemic.

http://edr.state.fl.us/Content/revenues/reports/monthly-revenue-report/newsletters/nlapr20.pdf

Comments 1 - 7 of 7 Search these comments

1 clambo 2020 May 26, 4:22pm

They will get by on condo association fees.

MisdemeanorRebel 2020 May 26, 5:02pm

This Month will also suck, but perhaps not so bad. Things will dramatically improve next month. I suspect a return to almost normal by September.

Tenpoundbass 2020 May 26, 5:15pm

Our YOY Sales tax revenue is going to triple in the rebound.
Also if manufacturing jobs come back, we'll see a huge uptick in sales tax from the more abundant better paying jobs.

joshuatrio 2020 May 26, 5:25pm

I have a job offer for the Tampa area. Seriously considering it, since they were so damn level headed during covid.

Booger 2020 May 26, 5:52pm

How much of Florida's tax receipts are tourism related?
I don't necessarily see that part bouncing back anytime soon. But maybe so if everyplace else is still closed!

Booger 2020 May 26, 5:53pm

joshuatrio says

I have a job offer for the Tampa area. Seriously considering it, since they were so damn level headed during covid.

Was GA that much different?

Ceffer 2020 May 26, 7:28pm

They'll have to raise the consumer tax on naked cannibals.

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Florida sees $598 million drop in April's sales tax receipts

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