Crist Signs Budget

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Crist Signs Budget

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TALLAHASSEE, Fla. (AP) – Gov. Charlie Crist has signed a penny-pinching $72 billion state budget.

He vetoed about$ 460 million in projects including new educational buildings and a proposed five percent tuition increase for state university and community college students.

The appropriations bill for the budget year beginning July first reflects a stagnant state economy, which has been suffering mostly from a decline in housing construction. It's Crist's first since taking office in January.

The budget (SB 2800) includes a $545 million increase in property taxes for public schools and at least two billion dollars in reserves to help tide the state over in case the economy takes another downturn.

Florida Gov. Will Veto 3 Percent College Tuition Hike

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