Description

Podcast News Topics

The Federal Reserve voted 9–3 to lower the benchmark federal funds rate by a quarter percentage point to a range of 3.50% to 3.75%, the lowest level in three years. The move was intended to guard against a more-than-expected slowdown in hiring.

Gov DeSantis announced a $112 million water-quality package for projects throughout the State….including $50 million for “Springs Restoration Grant Program”.

Holly Hill City Commission takes further action on 3 Charter ballot questions for the November 2026 election

DB Shores City Commission updated their city code regarding appointed boards

South Daytona Public Works Dept is continuing multiple stormwater and drainage enhancement projects

New Smyrna Beach….

• is conducting a fire assessment study with results expected in Spring 2026 to explore funding options for fire services
• has a grant program which allocates up to $50,000 total with grants in $10,000 increments support non-profits that assist homeless/disadvantaged individuals

Legislature is currently in its 5th “interim committee week”…the Session set to begin January 13, legislative strategies….

• regarding how to tackle Florida’s cost-of-living pressures are shaping up….
• State Audit for City of DB….
• redrawing Congressional districts

Daytona State College ATC campus will offer a new associate of science degree in aerospace technology in Spring 2026

Volusia Forever Advisory Committee meets Friday, Dec. 12, 9 AM County Admin Bldg..DeLand

Recap of Volusia Charter Review Commission Dec 8 meeting

This Week’s Congressional Agenda will include:

• Senate to address extension of ACA healthcare subsidies
• House Small Business Committee to address bills to ease regulatory burdens and make it easier for small/midsized firms to raise capital or invest
• House/Senate to address backlog from recent government shutdown, tax legislation/regulation changes i.e. foreign tax credits, tax-benefit definitions, and regulations on certain IRS processes
• Committee-level activity related to federal budgeting i.e. pressure to address looming fiscal deadlines

REMEMBER

Federal Reserve Board meets December 9-10….will they reduce benchmark rate? Look for announcement at TODAY…2 PM