April 13, 2024

Friday's Daily Pulse

What you need to know about Florida today

| 3/29/2024

The “brutal” truth behind why teachers are leaving Florida classrooms

While you likely won’t find a teacher who says money is what drew them into the classroom, in Florida, it’s a top reason driving them out. That’s according to a review of more than 650 exit interviews conducted since 2023 with Florida teachers from Hillsborough County, Pinellas County, and Palm Beach County, who all chose to leave their jobs in the classrooms. [Source: WFTS]

See also:
» Florida Board of Education considers ways to put more pressure on local teachers unions amid salary increase delays

Business BeatBusiness Beat - Week of March 29th

Get top news-to-know with Florida Trend's headline-focused video newsbrief, hosted by digital content specialist Aimée Alexander.

Florida budget slashes arts grants, boosts legislator earmarks

The Florida legislature nearly doubled the amount of overall money spent on arts and culture programs and organizations in the new budget compared to last year, but not in the way arts advocates had requested or expected. Allocations for fiscal year 2025 total $93.9 million, funding 669 different arts and culture projects or organizations across the state. Just $32 million of that is allocated for grants overseen by the Florida Department of State’s Division of Cultural Affairs, while the rest is earmarked for what are known as member projects. [Source: Sarasota Herald-Tribune]

Florida Supreme Court delays abortion, marijuana amendments rulings ahead of April 1 deadline

Suspense over the future of the proposed abortion-rights state constitutional amendment deepened Thursday when the Florida Supreme Court let the day pass without ruling on whether the measure can appear on the November ballot. The Florida Constitution gives the court a deadline of April 1 to rule on whether any citizens’ initiative meet the requirements for that November’s ballot placement — Monday. The court will be closed on Friday in observance of Good Friday. More from WBBH and the Florida Politics.

New rules on child health insurance ramp up feds legal dispute with Florida

New federal rules intended to ensure children from low-income families being removed from Medicaid do not lose health coverage could heighten tensions between the Biden and DeSantis administrations. The Department of Health and Human Services on Wednesday announced it has finalized regulations that make it easier for children to be enrolled and stay enrolled in federally subsidized health insurance programs, including Medicaid and the Children’s Health Insurance Program, known as KidCare in Florida. [Source: Tampa Bay Times]

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› St. Petersburg’s economy, by the numbers
Natives like Mayor Ken Welch have watched their hometown’s renaissance from a sleepy sister city to a bustling destination with pride. He and his staff on Wednesday gave an hour-long presentation with data points demonstrating St. Petersburg’s growth spurt with charts and graphs. On a screen next to him, headlines praised St. Petersburg as a top travel destination and one of the happiest towns in the country.

› New York company to invest over $40 million at Orlando airport
The Greater Orlando Aviation Authority has added a third fixed base operator at Orlando Executive Airport. GOAA's board on March 27 approved a fixed base operator lease and due diligence period with an entity connected to White Plains, New York-based Sky Harbour Group Corp. (NYSE: SKYH) to build on 20 acres of land at the airport near downtown.

› University of Florida to open new graduate center in Jacksonville
The University of Florida is opening a new graduate campus in Jacksonville dubbed the “Florida Semiconductor Institute.” The Florida Board of Governors approved the decision March 27. UF will offer classes at a temporary site in the JEA headquarters starting next fall until a permanent site is selected.

› A bitcoin boom is happening in Miami — again
From a well-attended bitcoin event at the Miami Beach Convention Center in 2022 to Miami Mayor Francis Suarez’s bumpy ride as “America’s crypto mayor” to the short-lived name change that led the Miami Heat to play at FTX Arena, Miami’s connection to cryptocurrency is significant. While 2023 was mired by the FTX scandal that was exposed in November 2022 and reports that earning opportunities for crypto millionaires had dried up, there is a renewed interest in bitcoin investment this year.

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