TALLAHASSEE, Fla. (AP) --
A legislative economist says Florida's budgetary outlook is getting gloomier.
Amy Baker, coordinator of the Legislature's Office of Economic
and Demographic Research, told the Senate Budget Committee on
Monday, December 6 that she expects a previously predicted $2.5 billion budget gap to widen.
That gap is the difference between income and expenses expected
for the 2011-12 budget year that begins July 1.
Baker said the all the numbers haven't been crunched yet but
it's certain revenue will be lower and costs higher than in a prior
forecast by state economists.
That includes up to $400 million more in state Medicaid expenses
and $150 million less in school property tax receipts.