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Office of Program Policy Analysis and Government Accountability

Scripps Funding Corporation Meets State’s Statutory and Contractual Requirements, Report No. 06-61, September 2006
 
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The Office of Tourism, Trade, and Economic Development and the Scripps Florida Funding Corporation have complied with statutory and contractual requirements and the corporation has implemented reasonable contract management and monitoring activities.

The corporation’s annual reports to the Legislature and the Governor provide relevant information on Scripps Florida’s performance during a specific year. Future reports could be strengthened by including information on trends in Scripps Florida’s performance, which would assist the Legislature in assessing Scripps Florida’s progress toward achieving the state’s goals. State funds expended by the corporation in Fiscal Year 2004-05 had an estimated economic impact of $136 million. These expenditures also support the creation of a projected 615 full- and part-time equivalent jobs.

To obtain more comprehensive information for assessing the results of the Innovation Incentive Program, the Legislature may want to consider

  • requiring the Office of Tourism, Trade, and Economic Development to provide an annual report on program activities and performance; or
  • requiring Enterprise Florida, Inc., to include Innovation Incentive Program activities and performance in its annual incentives report.

Which Government Program Summaries contain related information?

Office of Tourism, Trade and Economic Development

What other OPPAGA-related materials are available?

  • Report No. 13-06 Florida’s Biotechnology Industry Is Expanding; Cluster Growth Continues to Slowly Progress,published in March 2013.
  • Report No. 10-05 Biotechnology Clusters Developing Slowly; Startup Assistance May Encourage Growth,published in January 2010.
  • Report No. 09-36 Scripps Florida Funding Corporation Complies with Requirements and Should Be Continued,published in October 2009.
  • Report No. 07-48 Legislature May Wish to Consider Options for Enhancing Florida’s Recreational Marine Industry, published in December 2007.
  • Report No. 04-83 OPPAGA Report: Several Issues Important in Redesigning Business Recruitment and Expansion Tax Refund Programs, published in December 2004.

Copies of this report in print or alternate accessible format may be obtained by telephone (850/488-0021), by FAX (850/487-9213), in person, or by mail (OPPAGA Report Production, Claude Pepper Building, Room 312, 111 W. Madison St., Tallahassee, FL 32399-1475).
e-mail address: oppaga@oppaga.fl.gov


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