Dept. of Economic Opportunity asking lawmakers for $230 million for incentives

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The new Department of Economic Opportunity is asking lawmakers for $230 million in incentives to lure businesses to Florida next year, according to the agency’s legislative budget request, reports the News Service of Florida. That’s more than twice the $93 million lawmakers spent on economic incentives this past year. Meanwhile, newspapers reported Thursday that some of the money the agency was supposed to dole out for companies to create jobs last year was never given out. Earlier reports had criticized the agency for giving out the money when the company recipients hadn’t created the jobs they were supposed to. But the Orlando Sentinel reported Thursday that at least one of those companies, Jabil Circuit, never got the money in the first place. DEO got longer to submit its legislative budget request to lawmakers because it only came into existence on Oct. 1.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.