DEO

Rick Scott spending plan sets DEO budget at nearly $1.3B

Published on January 31, 2017 in Statewide/Top Headlines by Phil Ammann

Gov. Rick Scott is recommending a $163 million increase in funding for the Florida Department of Economic Opportunity in his proposed 2017-18 budget. LobbyTools reports that the boost will bring the DEO budget to nearly $1.27 billion. Scott announced his budget proposal Tuesday morning at a Tallahassee news conference. Scott’s ask includes $85 million in economic incentives – a contentious issue with some lawmakers. Last year, Scott made a similar request, asking for $250 million for the “Florida Enterprise Fund;” which lawmakers…

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Rick Scott makes emergency loans available to small businesses impacted by Hermine

Published on September 6, 2016 in Statewide/Top Headlines by Jim Rosica

Gov. Rick Scott Tuesday said he activated Florida’s Small Business Emergency Bridge Loan Program “to support local small businesses impacted by Hurricane Hermine.” The loan program, managed by the Florida Department of Economic Opportunity (DEO), will “provide short-term, interest-free loans to small businesses that experienced physical or economic damage during the storm and recovery efforts,” Scott’s office said in a press release. Applications can be submitted now through Oct. 31. “Restoring Florida’s small businesses is crucial to helping our communities…

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Daytona International Speedway a perfect fit for Florida Sports Development Program

Published on December 30, 2015 in Statewide/Top Headlines by Phil Ammann

In the opening weeks of 2016, Florida’s three professional football stadiums and Daytona International Speedway will each vie for taxpayer funds to help pay for upgrades, many already in progress. Ranking the applicants — Jacksonville Jaguars, Daytona International Speedway (DIS), Tampa Bay Buccaneers and Miami Dolphins — will be the Florida Department of Economic Opportunity, which has been tasked with analyzing each request through the state’s Sports Development Program. Once rated by the DEO, results will be presented to the…

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Personnel Note: Morgan McCord named new press secretary at DEO

Published on November 12, 2015 in Statewide/Top Headlines by Ryan Ray

The Department of Economic Opportunity today announced Morgan L. McCord will take over as the agency’s new Press Secretary. DEO Executive Director Jesse Panuccio welcomed McCord, a longtime communications pro, to the department in a statement Thursday afternoon. “Morgan’s strong relationships with the media will help DEO share what Florida is doing to promote economic growth and employment opportunities to all of Florida’s hardworking residents,” said Panuccio announcing the move. McCord comes to DEO by way of the budget watchdog group Florida TaxWatch, where she…

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Jet fuel tax changes looking poised to pass Senate

Published on April 20, 2015 in Statewide/Top Headlines by Ryan Ray

A proposal by state Sen. Anitere Flores to bring some finality to a long-simmering legislative food fight between major airline carriers like United Airlines and Delta and their smaller upstart rivals operating in Florida is getting closer to taking off from the Capitol Building and landing in the Governor’s Mansion to await the approval of Gov. Rick Scott. The legislation — which seeks to end an existing exemption to state taxes on jet fuel consumption — is currently in for a layover…

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