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Office of Program Policy Analysis and Government Accountability

Florida Economic Development Program Evaluations – Year 1, Report No. 14-01, January 2014
 
Full report in PDF format


As directed by the Legislature, the Office of Program Policy Analysis and Government Accountability (OPPAGA) and the Office of Economic and Demographic Research (EDR) completed detailed analyses of state economic development programs. OPPAGA evaluated each program for effectiveness and value to the state’s taxpayers. EDR evaluated and determined the economic benefits, as defined in s. 288.005, Florida Statutes, which is more commonly referred to as return-on-investment, of each program. The evaluations included projects that received program incentives during at least one year of the evaluation period—Fiscal Years 2009-10, 2010-11, and 2011-12.

Seven programs were included in the OPPAGA and EDR reviews.
  • Capital Investment Tax Credit
  • Qualified Target Industry Tax Refund
  • Brownfield Redevelopment Bonus Refund
  • High-Impact Incentive Performance Grants
  • Quick Action Closing Fund
  • Innovation Incentive Program
  • Enterprise Zone Program

    Which Government Program Summaries contain related information?

    Strategic Business Development
    Department of Economic Opportunity
    Community Development

    What other OPPAGA-related materials are available?

    • Report No. 17-02 Florida Economic Development Program Evaluations - Year 4,published in January 2017.
    • Report No. 16-09 Agency Review – Enterprise Florida, Inc., and Department of Economic Opportunity,published in December 2016.
    • Report No. 15-11 Florida Economic Development Program Evaluations – Year 3,published in November 2015.
    • Report No. 15-01 Florida Economic Development Program Evaluations – Year 2,published in January 2015.
    • Report No. 13-06 Florida’s Biotechnology Industry Is Expanding; Cluster Growth Continues to Slowly Progress,published in March 2013.
    • Report No. 11-15 Over 600 Brownfield Acres Cleaned Up; Businesses Take Advantage of Program Incentives,published in April 2011.
    • Report No. 11-01 Few Businesses Take Advantage of Enterprise Zone Benefits; the Legislature Could Consider Several Options to Modify the Program,published in January 2011.
    • Report No. 10-05 Biotechnology Clusters Developing Slowly; Startup Assistance May Encourage Growth,published in January 2010.
  • 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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