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Office of Program Policy Analysis and Government Accountability

Few Businesses Take Advantage of Enterprise Zone Benefits; the Legislature Could Consider Several Options to Modify the Program, Report No. 11-01, January 2011
 
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Over the past five years, Florida’s Enterprise Zone Program awarded $187 million in incentives, most of which went to businesses in Miami-Dade County. Program participation remains relatively low in most enterprise zones, limiting progress toward achieving the legislative goals of revitalizing distressed areas and increasing employment of area residents.The Legislature could consider several options for modifying the program, including
  • encouraging greater participation by lowering incentive eligibility thresholds;
  • focusing on job creation by eliminating all incentives except jobs tax credits;
  • establishing a one-year program moratorium on awarding incentives to save an estimated $18 million in Fiscal Year 2011-12;
  • abolishing the program to save an estimated $18 million annually; or
  • allowing the program to sunset on December 31, 2015.

Which Government Program Summaries contain related information?

Office of Tourism, Trade and Economic Development

What other OPPAGA-related materials are available?

  • Report No. 14-01 Florida Economic Development Program Evaluations – Year 1,published in January 2014.
  • Report No. 06-70 Progress Report: OTTED Has Taken Steps to Enhance the Florida Resource Directory,published in November 2006.
  • Report No. 05-32 Locals Find State Urban Revitalization Programs Useful; More Centralized Program Information Would Be Helpful,published in May 2005.
  • Report No. 04-24 Florida’s Enterprise Zone Program Is Similar to Those of Other States,published in March 2004.
  • Report No. 03-64 Enterprise Zone Pilot Project Incentives Not Widely Used, But Progress Made in Revitalizing Project Area,published in December 2003.
  • Report No. 99-43 Use of Enterprise Zone Incentives Has Increased, But Challenges Continue,published in March 2000.

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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