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Nick Iarossi to receive knighthood in Naples ceremony

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‘Nick is so deserving of this honor and recognition for his considerable accomplishments in business and service to community, state, and country.’

Capital City Consulting co-founder Nick Iarossi will be knighted during a ceremony on April 3 at St. Agnes Church in Naples.

The Royal Order of Francis I, established by the Royal House of Bourbon two centuries ago, honors individuals in various fields, including business, science, and education, for their significant contributions to society through service and philanthropy.

Iarossi will be honored alongside four others, joining a prestigious list of past inductees, including heads of state and notable leaders in business and entertainment.

Last year’s inductees included singing legend Frankie Valli and Formula One icon Mario Andretti.

“Nick is so deserving of this honor and recognition for his considerable accomplishments in business and service to community, state, and country,” said Sachs Media founder Ron Sachs, who recommended Iarossi for the honor. “He is widely respected as among the very few best in his field and as a person with the highest caliber of character.”

Iarossi is a top lobbyist in the state. His firm routinely ranks among the Top five in state-level revenues, and he’s taking steps to replicate its success at the federal level by expanding his work in the nation’s capital as a Managing Director at BGR Group.

Before entering the lobbying world, Iarossi earned his bachelor’s and law degrees from Florida State University, where he served as student body President. In addition to his professional endeavors, Iarossi mentors students and supports charitable organizations, including the March of Dimes and the Make-A-Wish Foundation.

The knighting ceremony will be followed by a gala dinner at Gulfshore Playhouse. The proceeds will fund the charitable work of the Royal Order of Francis I.


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Gov. DeSantis budget would yank funding from Black Business Loan Program

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The program helps Black-owned businesses obtain borrow money when they can’t access traditional lending.

As part of his budget proposal for fiscal year 2025-26, Gov. Ron DeSantis plans to eliminate funding for the Black Business Loan Program.

His budget, called “Focus on Fiscal Responsibility,” calls for the cancellation of $2.225 million for the program, which provides loans for “Black business enterprises that cannot obtain capital through conventional lending institutions but that could otherwise compete successfully in the private sector,” according to Florida State Statute. 

The program, last decade, had a record of controversy, including allegations of high rates of default, inadequate security for loans, and loans made improperly to ineligible people, including elected politicians and a convicted felon, according to reporting in the Florida Times Union of Jacksonville, the Gainesville Sun and FloridaPolitics.com.

The budget cut falls under community development programs within Housing and Community Development. Overall, the department stands to be funded at $438 million under the Governor’s budget proposal, a little less than half its funding in the current budget year. 

The policy area also includes a $100 million cut to the Broadband Equity, Access, and Development Grant Program, which helps ensure access to broadband in underserved areas. It’s worth noting though that the same program was zeroed out in the current fiscal year, meaning the Governor’s proposal maintains a cut already implemented. 

The Governor’s budget also includes a $100 million cut to the Low Income Home Energy Assistance Program (LIHEAP), which provides financial assistance to low-income residents having trouble paying their electric bills. 

The proposals are part of DeSantis’ latest budget, released quietly late Sunday. The $115.6 billion proposal is more than $3 billion less than the current fiscal year budget.


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Environmental projects with Everglades focus run deep in Gov. DeSantis’ budget proposal

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Another ambitious set of environmental proposals are proposed in Gov. Ron DeSantis’ $115.6 billion “Focus on Fiscal Responsibility” budget.

While the aggregate trims roughly $3 billion from the current fiscal year budget, as pandemic stimulus cash dries up from D.C., the seventh DeSantis budget continues to show his attempts to fulfill various promises he made  in 2018 and beyond to put the ecosystem first and be a “Teddy Roosevelt Republican” even as this $3,188,225,446 proposal comes in $325,003,812 lighter than the current year’s budget.

Part of the reason for the conceptual haircut, compared to the budget currently enacted, could be that much has been done already.

DeSantis noted last month, when teasing these proposals, that $3.3 billion in projects were done in his first term, and that his administration “doubled down” on that.

“Governor DeSantis reinforced his commitment to prioritizing Florida’s waterways in his second term by calling for an historic $3.5 billion investment for Everglades restoration and protection of our water resources. The Governor’s Budget includes more than $1.5 billion for this initiative, bringing the total investment during the Governor’s three years of the second term to $4.8 billion, already exceeding the $3.5 billion goal,” the Governor’s Office notes in the memo accompanying its proposals.

Unsurprisingly, the biggest tranche of funds ($613 million) is proposed for the Comprehensive Everglades Restoration Plan (CERP). Another $78 million could be spent, pending legislative approval, on the Northern Everglades and Estuaries Protection Program, designed to improve water quality.

Additionally, $64 billion is contemplated for the Everglades Agricultural Area (EAA) Reservoir, in a continued effort to move water to the central Everglades and Everglades National Park (ENP).

And $50 million is proposed for “specific project components designed to achieve the greatest
reductions in harmful discharges to the Caloosahatchee and St. Lucie Estuaries as identified in the Comprehensive Everglades Restoration Plan Lake Okeechobee Watershed Restoration Project Draft Integrated Project Implementation Report and Environmental Impact Statement dated August 2020.”

In a smaller spend, $3 million is proposed to wipe out invasive Burmese pythons in the Everglades.

Water quality writ large makes up $550 million of this proposal, with half of that for the Water Quality Improvement Grant Program, which includes ongoing septic to sewer conversions and Stormwater management, as well as nutrient reduction.

Speaking of nutrient mitigation, $50 million is contemplated to reduce Total Maximum Daily Loads. And another $50 million is seen as the right number for ongoing springs restoration, with $69 million slotted to state parks.

The Governor wants to spend $100 million on the Indian River Lagoon Protection Program, $80 million on the Lower Kissimmee Basin Stormwater Treatment Area project, $25 million for water quality improvements in the Caloosahatchee River watershed, and $20 million for water quality and coral reef restoration in Biscayne Bay.

In light of all this, the South Florida Water Management District is set to be a big winner, with another year of $150 million contemplated as its allocation.

The Florida Forever Program, meanwhile, looks to get the lion’s share ($100 million) of the $132 million designated to “protect Florida’s conservation lands and waterways to ensure Florida’s prized properties are accessible for future generations of Florida families.” That same number is slotted in the proposal for the Rural and Family Lands Protection Program, money intended to boost farming.

While the Governor doesn’t believe in global warming or climate change, he does think hurricanes are inevitable, and wants $261 million for local infrastructure and $100 million for beach renourishment.

Other potential budgetary winners include the oyster industry, with $30 million considered for reef restoration in Apalachicola Bay, and $20 million for citrus, with “$7 million for research and additional advertising by the Department of Citrus including research to help increase the production of trees and advance technologies that produce a resistance to citrus greening.” Wildfire mitigation could also get $49 million if this proposal is enacted as is, with $4 million for new trees and the remainder.

Finally, $206 million is contemplated to clean up contamination, with $196 million for petroleum tanks cleanup, $7 million for dry cleaning solvent, and $4 million for hazardous waste sites.


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Gov. DeSantis proposes $116B budget, wants focus on ‘fiscal responsibility.

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The Governor calls for eliminating a net 741 government positions in order to “operate a lean and streamlined government.”

Gov. Ron DeSantis late Sunday posted budget recommendations for the 2025-’26 fiscal year. The Republican apparently has an eye on austerity, naming his proposal “Focus on Fiscal Responsibility” and calling for the Legislature to pass a $115.6 billion budget, one $3 billion lower than the current budget year. With the proposal, DeSantis calls for eliminating a net 741 government positions in order to “operate a lean and streamlined government,” with some state agencies hit harder while others see a boost in staffing.

But the General Revenue portion of the budget is $50.2 billion, about $383.4-million increase over the 2024-’25 budget. The state’s reserves are now at $14.6 billion, or 12.5% of the total budget.

“Florida’s continued prioritization in maintaining reserves, and prudent fiscal management, is demonstrated by the state’s continued AAA credit rating from all major credit rating agencies, which now exceeds the U.S. Government’s credit rating,” a budget memo reads.

The drop shift in positions under the budget would be in the Department of Health, where DeSantis proposed nixing a net 484 positions as he slashes the total budget by more than 10.7%. He also wants 325 fewer positions in the Department of Children and Families, those there he wants to increase the budget in dollars by almost 1.5%. But he wants to increase the budget for the State Court System by about 4.6% and to increase staffing by a net 112 positions.

Of note, the Governor’s proposed budget is still higher than the $114.4-billion budget DeSantis proposed in December 2023, but less than the $116.5 billion he signed off on in June for the current year.

Some notable proposals, DeSantis wants to phase out rent taxes, going to 1% in 2026 and then eliminating the tax altogether at the start of 2027. He wants an investment tax credit program for early stage and cutting edge research, innovation, science and engineering, and lays out plans for a program. He calls for a tax holiday for return-to-school, two tax holidays for disaster preparedness and for a continuation of a Freedom Month with tax breaks on live events, movies and museums, along with other summer outdoor activities.


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