On the conclusion of the Metropolis of Tallahassee finances workshop final week, Mayor John Dailey took to Twitter to tout the efficiency of the native economic system and the low price of residing and doing enterprise in Tallahassee.
As a part of the finances workshop, which centered on the FY20 First Quarter Replace, metropolis employees supplied a overview of present financial situations and municipal authorities price comparisons.
On the roles entrance, employees reported that the October 2019 unemployment charge of two.9% was “beneath each the State of Florida’s charge of three.2% and the nationwide charge of 3.6%. This presents a year-over-year lower within the charge from 3.2% in October 2018. Total employment grew by 3.1% yr over yr in Tallahassee, in comparison with 1.9% statewide, bringing the workforce to 196,281 energetic contributors.”
Additionally famous was the expansion in financial exercise as measured by taxable gross sales development. The employees famous that the “taxable gross sales in Tallahassee grew 8.0% year-over-year to August 2019. For comparability, the state’s gross sales grew by 3.6%. “
The finances workshop additionally supplied municipal prices comparisons throughout totally different authorities providers. The data indicated that the Metropolis of Tallahassee had a few of the lowest price providers when in comparison with an inventory of comparable Florida cites.
Tallahassee Reports has beforehand reported that the Metropolis of Tallahassee electrical charges for 1,000 kWh ranks 10th lowest out of the 38 utilities included within the comparability.
The subsequent FY20 finances workshop is scheduled for Might 13th.
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