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Local Government Economic Development Incentives
Sections 125.045 and 166.021, F.S., impose economic development reporting requirements on county and municipal governments. By January 15th of each year, each county government shall report to the Office of Economic and Demographic Research (EDR) the economic development incentives in excess of $25,000 paid to businesses during the previous local fiscal year. Each municipal government having annual revenues or expenditures greater than $250,000 shall also report the economic development incentives in excess of $25,000 paid to businesses during the previous local fiscal year. Please note that municipal governments having annual revenues or expenditures less than $250,000 are exempt from this reporting requirement. Pursuant to law, county and municipal governments must report their economic development incentives in the format specified by EDR.
The statutory reporting deadline for completing the online FY 2023-24 survey is Wednesday, January 15, 2025. However, EDR will continue to accept survey responses through Friday, February 14, 2025. After February 14th, the link to the online survey will be discontinued. Therefore, those local governments and CRAs that wish to satisfy the statutory reporting requirement should report by that date.
Local government officials fulfill this reporting requirement by accessing the online survey at the external website linked below. Prior to beginning the online survey, EDR recommends that the survey respondent review the survey PDF (i.e., the second link below) and gather the relevant information. If no economic development incentives were paid by the local government or CRA in 2023-24 or the total incentives paid to recipients did not exceed the $25,000 threshold, the local official is asked to still complete a shortened version asking only a few qualifying questions and for the relevant contact information. This will allow EDR to have a record of each local government's response.
- 2023-24 Local Government Economic Development Incentives Survey - Link to Online Survey via External Website [cfm]
- 2023-24 Local Government Economic Development Incentives Survey [pdf]
- Prior Years' Local Government Economic Development Incentives Reports [cfm]
Additionally, ss. 125.045(4) and 166.021(8)(d), F.S., require that a contract between a county's or municipality's governing body, or other entity engaged in economic development activities on behalf of the local government, and an economic development agency must require the agency or entity receiving county or municipal funds to submit a report to the local government's governing body detailing how the funds were spent and the results of the economic development agency's or entity's efforts on behalf of the local government. Pursuant to law, the county or municipal government must post its EDO report on its website by January 15th of each year. Furthermore, an electronic copy of the EDO report should be emailed to EDR. Please email the EDO report to Steven O'Cain, EDR Analyst, at ocain.steve@leg.state.fl.us .
Last Revised: December 4, 2024
