Review of Federal Funding to Florida - Office of Economic ...

Office of Economic and Demographic Research
2001 9,151,943,000 22.8% 5,426,976,000 1,639,424,000 731,115,000 521,258,000 275,135,000
2000 7,450,040,000 -25.3% 5,036,065,000 708,634,000 548,983,000 460,457,000 165,458,000
1999 9,977,290,000 34.8% 6,486,089,000 617,648,000 1,526,016,000 615,693,000 190,954,000
1998 7,400,310,000 - 4,265,809,000 1,196,174,000 803,239,000 392,398,000 68,239,000
FY
Small Business
Loans
Other
2009 540,018,000 67,515,000
2008 823,889,000 129,976,000
2007 1,025,449,000 22,500,000
2006 952,228,000 32,633,000
2005 979,349,000 7,500,000
2004 768,593,000 6,000
2003 599,937,000 -
2002 642,497,000 (53,000)
2001 558,034,000 -
2000 530,390,000 54,000
1999 326,481,000 214,409,000
1998 310,604,000 363,847,000
3. Dollar Volume of Direct Loans
Direct loans represented the smallest category of other financial assistance provided to states. Such
assistance to the fifty states totaled $54 billion, or $175 per capita, and represented 3 percent of other
financial assistance to states. These loans to Florida totaled $2.1 billion, or $115 per capita, and
represented only 0.4 percent of other financial assistance to the state. As illustrated in Table 1-10 on
page 26, Florida had the 7 th largest dollar volume of all states, the 5 th largest volume of the most
populous states, and the 3 rd largest volume of the southern states. On a per capita basis, Florida
ranked 36 th among all states, and last among the most populous states, and 13 th among the southern
states. The dollar volumes of direct loans to Florida are summarized below.
Dollar Volume of Direct Loans
Fiscal Years: 1998 to 2009
Department of Agriculture
FY
Total
Direct Loans
Annual
%
Change
Commodity
Loans:
Price Supports Other
Federal Direct
Student Loans Other
2009 2,122,707,000 94.2% 227,224,000 214,555,000 1,591,955,000 88,973,000
2008 1,093,204,000 100.8% - 152,119,000 880,694,000 60,391,000
2007 544,421,000 -57.0% - 149,475,000 222,163,000 172,783,000
2006 1,266,958,000 -49.6% - 183,764,000 185,724,000 897,469,000
2005 2,514,776,000 281.4% - 140,338,000 568,446,000 1,805,993,000
2004 659,440,000 -1.2% - 69,887,000 457,756,000 131,796,000
2003 667,449,000 -26.1% 74,685,000 100,014,000 457,756,000 34,993,000
2002 903,743,000 69.9% 129,778,000 101,114,000 561,920,000 110,932,000
2001 531,980,000 -30.7% 115,039,000 71,016,000 269,447,000 76,477,000
2000 768,000,000 7.6% 184,673,000 87,881,000 438,899,000 56,546,000
1999 713,507,000 39.2% 41,086,000 75,889,000 494,994,000 101,529,000
1998 512,442,000 - 21,043,000 171,178,000 211,443,000 108,778,000
Review of Federal Funding to Florida in Fiscal Year 2009 11