JACKSONVILLE, Fla. — Keeping kids stocked with supplies is costing parents more this year, but Floridians will get tax relief on some items starting Monday.
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Many parents make the calculations to provide their children with what they need for school.
“I hope I don’t spend more,” Joanna Smith said. “Everything goes up.”
Smith came to Walmart on San Jose Boulevard to pick up supplies for her two children.
The retailer is trying to alleviate some of that stress.
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“A lot of the things that really went up for schooling this year came back to [lower] price, I noticed,” said Eric Rose, the seasonal crew chief at Walmart on San Jose Boulevard. “Mostly composition notebooks and pencils.”
The Consumer Price Index shows that a calculator might be the cheapest item on your child’s list, with the price dropping 13% over the past year.
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“Almost $30 difference on some of them,” Rose pointed out.
The state also helps.
There’s also a tax holiday for Floridians, which goes into effect Monday, July 25 and lasts through Sunday, August 7.
During these two weeks, you won’t have to pay state sales tax on:
- Supplies costing $50 or less
- Backpacks, handbags and wallets costing $100 or less
- Personal computers (or other technology) costing $1,500 or less
Yet families still feel the pinch.
According to the National Retail Federation, families with children in elementary through high school expect to spend an average of $864 on school items.
That’s about $15 more than last year and $168 more than 2019.
“It’s a lot. It’s a lot,” Smith said. “It’s pretty accurate, though.”
For a more detailed look, you can check out the Florida Back-to-School 2022 Tax Holiday FAQ below: