FLC REPORTS

Florida League of Cities


The Florida League of Cities Center for Municipal Research works to produce timely reports on issues of importance to Florida's cities, towns and villages. 


The inaugural FLC Report, A Recovery Landscape – Forecasting Florida Municipal Revenue Impacts from COVID-19, forecasts impacts to municipal revenue due to the pandemic through fiscal year 2023 for all 411 Florida municipal governments. The full report is available below, along with a one-page brief and an executive summary. 

If you have questions or would like additional information, please contact Research Analyst Wade Burkley at wburkley@flcities.com. 

 
FLC REPORT

A Recovery Landscape – Forecasting Florida Municipal Revenue Impacts from COVID-19

February 2021

This report can be used as a planning tool to help guide policymakers with municipal finance decisions. Every municipal government’s revenues will be affected differently by a host of economic factors.

By historically examining the impact of local unemployment on municipal revenues from 2008 to 2018, this analysis offers new insights regarding what revenue streams may look like over the next few years.

Click the image to the left or the link below to view or download the full report. 

Download Report │ Download Executive Summary │ Download One-Page Brief

Click the video above to watch a recording of the webinar hosted by the FCCMA and the FLC on March 4, 2021, reviewing key findings from the report. 

Key Findings include:

  • Florida cities are forecast to experience a $3.90 billion reduction in municipal revenues over Fiscal Years 2021, 2022 and 2023.
  • In FY 2021 alone, municipal revenues (excluding any property tax impacts) are projected to decline by more than $1.72 billion.
  • The variation in revenue impacts across the state is significant when looking at individual communities. Some have forecast declines of up to nearly 20%, while others are forecast to experience an incremental increase.

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