The University of Florida contributed $19.57 billion in industry output and supported 134,411 jobs throughout the state’s economy in fiscal year 2023-24, reinforcing its role as one of Florida’s most powerful economic engines, according to a new economic contribution report.
UF and its partners contributed $12.61 billion in terms of value added to Florida’s economy (a measure that captures wages, salaries, benefits, business income and taxes generated in Florida) and more than $2.76 billion in terms of overall tax revenue for local, state and federal governments.
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