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Economists Say Florida's Budget Surplus In The $1B Range

Governor Rick Scott could have a billion dollars to work with a he drafts a state spending proposal to send to lawmakers.

Florida’s top economists are crunching the numbers and foresee a billion dollars more available for the next fiscal year. That’s a big jump from the $336 million increase they had been forecasting. In a press release, House Speaker Steve Crisafulli downplayed the numbers saying, “We will continue our commitment to fiscal responsibility with every dollar as we prioritize funding initiatives and seek ways to continue tax relief for Florida’s families.”

With more money also comes more demands. Governor Rick Scott has already said how he wants to see the dollars spent-business tax cuts and increases to education. But some areas of the budget, like healthcare—may need additional dollars. Other areas could get less.

It will be up to Florida’s legislative leaders to iron out a final spending plan and divvy up the funds.