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Office of Program Policy Analysis and Government Accountability

Scripps Florida Funding Corporation Complies with Requirements and Should Be Continued, Report No. 09-36, October 2009
 
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  • The Office of Tourism, Trade, and Economic Development and the Scripps Florida Funding Corporation are meeting statutory and contractual requirements related to the Scripps Florida research facility. In addition, the corporation is implementing reasonable contract management and monitoring processes.
  • The corporation’s latest annual report to the Legislature and the Governor provides relevant information on Scripps Florida’s performance and the development of Florida’s biotech cluster. During Fiscal Year 2008-09, Scripps Florida hired 116 employees, of whom 45 were Florida residents. As of June 30, 2009, Scripps Florida had been awarded $129,218,388 in research grants since establishing operations in Florida. Funds expended by Scripps Florida and its partners in Fiscal Year 2007-08 had an estimated economic impact of $168.5 million on the state’s gross domestic product and sustained an estimated 1,327 jobs.
  • Given that the state will continue to disburse funds to Scripps Florida until 2014, we recommend that the Legislature retain statutory authority for the corporation.

What were our earlier findings?

Report No. 06-61 Scripps Funding Corporation Meets State’s Statutory and Contractual Requirements,published in September 2006.

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. 04-83 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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