Florida Facing Budget Crunch Again Next Year

By: Tallahassee Associated Press
By: Tallahassee Associated Press

At first glance it would appear the state's budget picture might improve next year.

The economy is growing, revenue is up and the state will receive nearly $1 billion in economic stimulus money from the federal government, but many still expect lawmakers to face a tough challenge in writing a balanced budget next spring.

That's because of the way lawmakers patched together the current $53 billion budget, which took effect July First.

Gov. Jeb Bush and the Republican-led House opposed any tax increases.

So, the Legislature used nearly $2 billion from non-recurring sources of revenue and trust funds to balance this year's budget. The use of that money is cause for concern.

Budget leaders say a lot depends on the economy, but they add next year could be as "bare-bones'' as this year.

WCTV 1801 Halstead Blvd. Tallahassee, FL 32309
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 404682 - wctv.tv/a?a=404682
Gray Television, Inc.