by Caden DeLisa | Aug 22, 2024
Homeowners association fees in Florida have surged over the past year, driven by rising insurance costs and new safety regulations, leading to financial pressures on condo owners and declining condo market prices. Homeowners association (HOA) fees in Florida have...
by Caden DeLisa | Aug 13, 2024
Florida’s small businesses continue to struggle with inflation and labor shortages, despite a slight increase in optimism, as ongoing cost pressures and declining sales challenge operations. Florida’s small businesses continue to grapple with persistent...
by The Center Square | Aug 12, 2024
The Washington, D.C.-based Tax Foundation ranked Florida as the 24th highest combined state/local sales tax rate at 7 percent. The state sales tax is 6 percent and the average county levy is 1.02 percent. Groceries and prescription medicines are exempt from sales tax....
by News Service of Florida | Aug 9, 2024
Hurricane Debby is expected to result in insured losses of $1 billion to $2 billion, mainly from wind and flood damage, but many inland homeowners without flood insurance could face significant out-of-pocket costs. Hurricane Debby is expected to be a “very...
by Caden DeLisa | Aug 8, 2024
Sen. Rick Scott introduced the Homeowners Premium Tax Reduction Act to allow an annual tax deduction of up to $10,000 for homeowners insurance premiums, aiming to reduce the financial strain on homeowners amid continually rising insurance costs. Sen. Rick Scott...
by Caden DeLisa | Aug 2, 2024
S&P Global Ratings upgraded the University of Florida’s debt outlook from stable to positive due to its market position and financial surpluses, while affirming various long-term ratings on its revenue bonds. S&P Global Ratings upgraded its outlook on the...
